Would a smaller expenditure multiplier lead to larger or smaller output gaps? O A. A smaller multiplier means that small changes in spending lead to
Would a smaller expenditure multiplier lead to larger or smaller output gaps? O A. A smaller multiplier means that small changes in spending lead to large changes in GDP, leading to smaller output gaps. O B. A smaller multiplier means that small changes in spending lead to large changes in GDP, leading to larger output gaps. O C. A smaller multiplier means that changes in spending lead to more moderate changes in GDP, leading to larger output gaps. O D. A smaller multiplier means that changes in spending lead to more moderate changes in GDP, leading to smaller output gaps
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