Question

The logic of the multiplier effect applies a. only to changes in government spending. b. to any change in spending on any component of GDP. c. only to changes in the money supply. d. only when the crowding-out effect is sufficiently strong.

Answer 1

B. to any change in spending on any component of GDP

Step-by-step explanation:

The logic of the multiplier effect applies to any change in spending on any component of GDP