Consider a Simple Macro Model with a Constant Price Level

question 77

Multiple Choice

Consider a simple macro model with a constant price level and demand-determined output.The equations of the model are: C = 120 + 0.86Y,I = 300,G = 520,T = 0,X = 180,IM = 0.12Y.Total autonomous spending in this model is

• A)120.0.
• B)1120.0.
• C)420.0.
• D)600.0.
• E)828.8.

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Definitions:

Sinus

A cavity within a bone or other tissue, most often filled with air or fluid.

Ligament

A fibrous connective tissue that connects bones to other bones, providing joint stability and guiding joint movement.

Lateral Wall

The side structure or boundary of an anatomical cavity or a part of a building, providing support and shape to the structure it encompasses.

Nasal Cavity

The hollow space within the nose through which air passes, involved in breathing, smelling, and humidifying the air we inhale.