The multiplier effect means that: Question 8 options: 1) consumption is typically several times as large as saving. 2) a change in consumption can cause a larger increase in investment. 3) an increase in investment can cause GDP to change by a larger amount. 4) a decline in the MPC can cause GDP to rise by several times that amount.

Amajor advantage of case studies is

Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate

Paddock pools constructed a swimming pool and deck for the jensens' home. paddock installed the wrong trim on the pool. it would cost $2800 to change the trim-one-fifth of the total cost of the pool. the jensens refuse to pay anything for the pool. the paddock's best defense is: (a) duress (b) substanial performance (c)mistake (d) failure of conditions