Economics MCQEconomics Chapter 12Because a decrease in real autonomous spending results in a________in the price level,the ultimate effect on real GDP is ________ that predicted by the multiplier.
Because a decrease in real autonomous spending results in a________in the price level,the ultimate effect on real GDP is ________ that predicted by the multiplier.
Because a decrease in real autonomous spending results in a________in the price level,the ultimate effect on real GDP is ________ that predicted by the multiplier.
A) fall; smaller
B) fall; larger
C) rise; smaller
D) fall, smaller