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3 votes
A multiplier is the amount by which a change in any component of​ _____ is magnified or multiplied to determine the change in​ _____ and​ _____ that it generates.

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User Katzkode
by
8.3k points

1 Answer

4 votes

Answer:

Autonomous Expenditure ; Equilibrium expenditure ; Real GDP

Explanation:

A multiplier is the amount by which a change in any component of​ Autonomous Expenditure is magnified or multiplied to determine the change in​ Equilibrium Expenditure and​ Real GDP that it generates.

Multiplier = Change in Equilibrium Expenditure of Real GDP

Change in autonomous expenditures

(government expenditure, autonomous taxes)

answered
User Guvanch
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7.6k points
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