The reason why multiplier concept is important in the Keynesian model is _______________.a.it explains why a large change in autonomous spending has such a small impact on equilibrium output.b.it explains why a small change in autonomous spending can have a large impact on equilibrium output.c.it is crucial to understanding why changes in investment spending are viewed as the root cause of business cycles fluctuations.d.it explains why a small change in autonomous spending can have a large impact on equilibrium output and is crucial to understanding why changes in investment spending are viewed as the root cause of business cycles fluctuations.

The concept of the "multiplier effect" in Keynesian economics refers to:  A. The impact of government deficits on inflation  B. The tendency of consumers to save rather than spend extra income  C. The magnification of changes in spending into larger changes in aggregate demand and output  D. The process of reducing government debt through increased taxation

The multiplier in the Keynesian income-expenditure model, would be smallest to largest in order of magnitude inGroup of answer choicesthe open economy case with endogenous taxes, the closed economy case with endogenous taxes and the simple case without government or external sectorsthe open economy case with endogenous taxes, the simple case without government or external sectors and the closed economy case with endogenous taxesthe closed economy case with endogenous taxes, the simple case without government or external sectors and the open economy case with endogenous taxesthe closed economy case with endogenous taxes, the open economy case with endogenous taxes and the simple case without government or external sectors.

In the Keynesian income-expenditure model which includes both a government sector and an external sector, an increase in autonomous consumption, government expenditure or investment combined with an increase in the marginal tax rateGroup of answer choiceswould increase the multiplier and reduce net exports, assuming the multiplier remains greater than onewould lead to a higher equilibrium level of income and an unchanged level of net exports while the multiplier would be reducedwould lead to an increase in net exports, assuming that the multiplier remains greater than onewould reduce the multiplier but, assuming this remains greater than one, equilibrium income would rise and net exports would fall.

The​ 'multiplier effect' is the series of​ ________ increases in​ ________ expenditures that result from an initial increase in​ ________ expenditures. a. autonomous; investment; induced b. induced; consumption; autonomous c. autonomous; consumption; induced d. induced; investment; autonomous

The ‘multiplier effect” means thatSelect one:a.A change in aggregate economic activity has an effect on spendingb.A change in spending has a greater effect on aggregate economic activityc.A change in spending has a proportionate effect on aggregate economic activityd.A change in spending has a smaller effect on aggregate economic activity