FIGURE 23-5 Refer to Figure 23-5

question 41

Multiple Choice

FIGURE 23-5 Refer to Figure 23-5.Suppose that an increase in autonomous investment by 40 causes the AD curve to shift to the right,as shown.The simple multiplier is ________ and the multiplier is ________.

• A)6; 1.2
• B)2.8; 1.2
• C)4; 1.2
• D)5; 1.5
• E)4; 3.2

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Definitions:

Agent

An individual or entity authorized to act on behalf of another person or entity in dealings with third parties.

Principal Negotiator

identifies a person who has the primary responsibility for conducting negotiations, often on behalf of an organization or government.

Troubleshooter

describes someone skilled in solving problems or fixing complex issues, often in technical or organizational contexts.

Commission Basis

refers to a method of payment based on a percentage of the sales one makes, as opposed to a fixed salary.