Consider a Simple Macro Model with a Constant Price Level

question 82

Multiple Choice

Consider a simple macro model with a constant price level and demand- determined output. If the simple multiplier is 3 and there is a $2 million increase in autonomous investment spending, then the equilibrium level of income will increase by

• A)$6 million.
• B)$3 million.
• C)$4.5 million.
• D)$1.2 million.
• E)$2 million

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Play involving repetitive large muscular movements.

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A type of play involving the building or creation of something, fostering problem-solving skills, creativity, and motor skills in children.

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The physical, legal, or cultural separation of people according to their biological sex.

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A range of voluntary, intrinsically motivated activities normally associated with pleasure and enjoyment.