Consider a Simple Macro Model with a Constant Price Level

question 146

Multiple Choice

Consider a simple macro model with a constant price level and demand-determined output.If the marginal propensity to spend is 0.9,the simple multiplier is

• A)0.1.
• B)0.9.
• C)1.0.
• D)1.1.
• E)10.0.

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A lacquer applied to human fingernails or toenails to decorate and protect the nail plates.

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A natural wax produced by honey bees, commonly used in cosmetics, candles, and as a food additive or coating.

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A division of a society based on social and economic status.