Question

A multiplier is the amount by which a change in any component of​ _____ is magnified or multiplied to determine the change in​ _____ and​ _____ that it generates.

Answer 1

Answer:

Autonomous Expenditure ; Equilibrium expenditure ; Real GDP

Step-by-step explanation:

A multiplier is the amount by which a change in any component of​ Autonomous Expenditure is magnified or multiplied to determine the change in​ Equilibrium Expenditure and​ Real GDP that it generates.

Multiplier = Change in Equilibrium Expenditure of Real GDP

                      Change in autonomous expenditures

                  (government expenditure, autonomous taxes)