Suppose the Price Level Is Constant,output Is Demand-Determined,and the Economy

question 61

Multiple Choice

Suppose the price level is constant,output is demand-determined,and the economy is closed with no government.If the saving function is S = -100 + (0.4) Y,the simple multiplier is

• A)0.2.
• B)1.
• C)2.5.
• D)5.
• E)Insufficient information to know.

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Definitions:

Bicep Curl

An exercise that targets the biceps muscles by lifting a weight through bending the arm at the elbow.

Voluntary Muscles

Muscles whose movement can be consciously controlled, including skeletal muscles used for walking, writing, and other activities.

Cardiac Muscle

A type of involuntary striated muscle found exclusively in the heart, enabling it to contract and pump blood throughout the body.

Smooth Muscle

A type of muscle found in the walls of internal organs and blood vessels, controlled involuntarily.