In a Simple Macro Model with Government and Demand-Determined Output,to

question 88

Multiple Choice

In a simple macro model with government and demand-determined output,to raise equilibrium national income by $100 billion,G must be

• A)raised by $100 billion.
• B)raised by $100 billion times the simple multiplier.
• C)raised by $100 billion divided by the simple multiplier.
• D)lowered by $100 billion times the simple multiplier.
• E)lowered by $100 billion divided by the simple multiplier.

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Definitions:

Card-Signing Campaign

A union organizing strategy where employees sign cards indicating their support for union representation in the workplace.

Distributive Bargaining

A negotiation strategy that involves a fixed amount of resources being divided between parties, often leading to a win-lose scenario.

Win-Lose Situation

A competitive scenario where one party's gain is inherently due to another party's loss, emphasizing a zero-sum outcome.

Contract Negotiation

The process of discussing the terms and details of a contract to reach an agreement that is acceptable to all parties involved.