In a Simple Macro Model with the Price Level Assumed

question 97

Multiple Choice

In a simple macro model with the price level assumed to be constant,a change in firms' level of desired investment is predicted to influence equilibrium national income by

• A)shifting the saving function.
• B)shifting the consumption function.
• C)shifting the aggregate expenditure function.
• D)causing movement along the investment function.
• E)shifting the 45-degree line.

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Definitions:

Delegation

A manager’s assignment of a specific task or project to an employee.

Relational

Pertaining to the establishment and maintenance of meaningful relationships between individuals or groups.

Horizontal Communication

The exchange of information between peers within the same level of an organization, facilitating collaboration and team coordination.

Staff

Refers to all the employees of an organization or a specific group within.