Consider a Simple Macro Model with Demand-Determined Output

question 139

Multiple Choice

Consider a simple macro model with demand-determined output.Using such a model,if economists want to estimate the effect of a given change in desired investment on equilibrium national income,they would multiply the change in desired investment by the reciprocal of one minus

• A)the average propensity to save.
• B)the marginal propensity to save.
• C)the equilibrium level of national income.
• D)the marginal propensity not to spend.
• E)the marginal propensity to spend.

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Definitions:

Disparate-Impact

A theory in employment law indicating policies that are neutral in language but discriminatory in effect, affecting one group more harshly than another.

Unintentional Discrimination

Discriminatory outcomes that occur without the conscious intent to treat someone differently based on their protected characteristic.

Title VII

A segment of the 1964 Civil Rights Act that bans discrimination in employment due to an individual's race, skin color, religious beliefs, gender, or national origin.

Civil Rights Act of 1964

Landmark federal legislation in the United States that outlawed discrimination based on race, color, religion, sex, or national origin.