Consider the Basic AD/AS Macro Model

question 50

Multiple Choice

Consider the basic AD/AS macro model. The simple multiplier is reflected by the

• A)downward movement along the AD curve in response to a change in autonomous expenditure.
• B)size of the rightward shift of the AD curve in response to a change in autonomous expenditure.
• C)horizontal distance between initial macroeconomic equilibrium and the new intersection of AD and AS in response to a change in autonomous expenditure.
• D)size of the downward shift of the AD curve in response to a rise in autonomous expenditure.
• E)upward movement along the AD curve in response to a change in autonomous expenditure.

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Definitions:

Competitive Strategy

A method or plan chosen to bring about a desired future, such as achieving a competitive advantage in the market or industry.

Substance Outcomes

The tangible and measurable results achieved following a negotiation or decision-making process.

Relationship Outcomes

The effects or consequences of interactions and negotiations on the interpersonal relationships between the involved parties.

Process-based Interests

Concerns that focus on how a negotiation or decision-making process is conducted, rather than on the specific outcomes.