FIGURE 23-5 Refer to Figure 23-5

question 80

Multiple Choice

FIGURE 23-5 Refer to Figure 23-5.Suppose that an increase in government purchases caused the AD curve to shift to the right,as shown.If the simple multiplier in this model is 4,then what is the value of the multiplier?

• A)1.2
• B)1.4
• C)4
• D)2.8
• E)3.2

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Definitions:

Institutional Setting

An environment organized around a specific social purpose or function, such as a school, hospital, or prison, where structured operations and procedures dictate interaction and behavior.

Development of Smiling

The process by which infants first begin to show expressions of joy and satisfaction through smiling, typically emerging around 6 to 8 weeks of age.

Critical Period

A specific time in development during which the presence or absence of certain experiences has a long-lasting influence on the individual.

Human Beings

Members of the species Homo sapiens, characterized by their capacity for complex language, abstract thinking, and social structures.