Consider a Simple Macro Model with Demand- Determined Output

question 10

Multiple Choice

Consider a simple macro model with demand- determined output. If z is the marginal propensity to spend out of national income, Y is national income and A is autonomous expenditure, then the simple multiplier is equal to

• A)Y/(1- z).
• B)z.
• C)1 - z.
• D)1/(1- z).
• E)1/z.

Interpret how conflict theorists perceive the relationship between the proletariat and the bourgeoisie.

Contrast primary and secondary labor market jobs with examples.

Analyze the effects of the 1969 White Paper on Aboriginal status from a post-structuralist perspective.

Understand the classification of goods under the UCC, including what constitutes inventory and equipment.