Suppose the Price Level Is Constant, Output Is Demand- Determined

question 95

Multiple Choice

Suppose the price level is constant, output is demand- determined, and the economy is closed with no government. If the saving function is S = - 100 + (0.2) Y, the simple multiplier is

• A)0.2.
• B)1.
• C)2.5.
• D)5.
• E)- insufficient information to know.

Analyze the reasons behind the rarity of perfect correlations and the implications of correlation coefficients on variable relationships.

Understand the basic concepts of data representation, including tables, graphs, and charts.

Identify and correctly use different methods of illustrating data, such as frequency distributions, histograms, and frequency polygons.

Determine appropriate class intervals for data distribution.