Consider the Following Information for an Economy with Demand-Determined Output

question 67

Multiple Choice

Consider the following information for an economy with demand-determined output and a constant price level.There is no government or foreign trade. TABLE 21-8
-Refer to Table 21-8.The simple multiplier in this economy is

• A)2.0.
• B)2.5.
• C)3.0.
• D)4.0.
• E)5.0.

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