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Consider the simplest macro model with demand-determined output.The equations are: C = 150 + 0.8Yd,Yd = Y -T,I = 400,G = 700,T = .2Y,X = 130,and IM = 0.14Y.The marginal propensity to spend on national income in this model is
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A brain disorder manifesting as pronounced mood oscillations, including highs of mania or hypomania and lows of depression.
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A psychological disorder marked by ongoing emotions of despair, desolation, and an absence of enthusiasm or joy in life activities.
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A psychological condition in which a person believes they have no control over the outcomes in their life, leading to passivity and depression.
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