Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

If there is an injection of $5 million dollars what will be the ultimate effect on the economy? Multiple choice question. It will increase by

If there is an injection of $5 million dollars what will be the ultimate effect on the economy? Multiple choice question. It will increase by more than $5 million because of the multiplier. It will increase by exactly $5 million dollars since that is what the injection was. It will increase by less than $5 million because economies are always inefficient. It will increase by less than $5 million due to the multiplier

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Driven Technology

Authors: Paige Baltzan

5th edition

978-007337684, 9780077419318, 73376841, 77419316, 978-0073376844

More Books

Students also viewed these Economics questions

Question

3. What is my goal?

Answered: 1 week ago

Question

2. I try to be as logical as possible

Answered: 1 week ago