Refer to Figure 11

question 117

Multiple Choice

Refer to Figure 11.1.Assume aggregate demand is represented by AD₁,full-employment output is $6.0 trillion,and the MPC is 0.75.The spending fiscal stimulus needed to reach full-employment equilibrium is

• A)$1 trillion.
• B)$2 trillion.
• C)$0.4 trillion
• D)$0.1 trillion.

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Definitions:

Social Responsiveness

The ability of an organization to understand, engage with, and react to social issues, expectations, and the needs of its community or stakeholders.

Ethical Responsibilities

Obligations to act in a moral and ethical manner towards others, often going beyond legal requirements.

Stakeholders

Individuals or groups that have an interest or stake in the performance and activities of a business or organization, such as employees, customers, investors, and suppliers.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws.