Select all statements for which you agree.
The equilibrium level of GDP always coincides with the full-employment GDP.
The greater the MPC, the greater the multiplier.
If the MPS is 1, the multiplier will be 1.
It is socially desirable for households to attempt to increase their rates of saving at a time when recession begins.
The multiplier is equal to the reciprocal of MPC.
The recessionary gap is the amount by which the equilibrium GDP and the full employment differ.
Exports are added to, and imports are subtracted from, aggregate expenditures in moving from a closed to an open economy.