Question:

The multiplier (k) is?

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A. the increase in aggregate demand when injections increase

B. the ratio of the change in output/income to a change in injections

C. the amount by which aggregate demand increases when income increases

D. the amount by which output/income increases when spending increases

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1 ANSWERS


  1. B. The ratio of the change in output/income to a change in injections.

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