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1. The ratio of the change in the equilibrium level of income to a change in some autonomous increase in spending is the A. elasticity coefficient. C. multiplier. B. automatic stabilizer. D. marginal propensity of the autonomous variable.
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The ratio of the change in the equilibrium level of income to a change in some autonomous increase in spending is the multiplier.
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Asked 9/29/2012 12:35:43 AM
Updated 10/31/2015 1:05:47 AM
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The ratio of the change in the equilibrium level of income to a change in some autonomous increase in spending is the multiplier.
Added 10/31/2015 1:05:47 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [10/31/2015 1:49:57 AM], Rated good by Andrew.
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Updated 7/5/2014 12:19:20 PM
2 Answers/Comments
Cost function usually refers to the relationship between cost and rate of output.
Added 7/5/2014 12:17:54 PM
This answer has been confirmed as correct and helpful.
Rated good by andrewpallarca, Confirmed by andrewpallarca [7/5/2014 3:33:49 PM]
Cost function does not depend on technology.
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Updated 12/16/2016 11:43:36 PM
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Binary search always compare the middle element with the searching element in the given array.
Added 12/16/2016 11:43:34 PM
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Updated 10/2/2016 10:17:23 AM
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