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.

---

Definitions:

Life Span

The maximum length of time an organism can live, determined by genetic factors.

Prenatal

Pertaining to the period or development before birth.

Moral Emotions

Feelings that relate to society's norms and values, typically involving the welfare of others and guilt, shame, embarrassment, and pride.

Moral Reasoning

The process of determining right and wrong in ethical dilemmas, often examined through various developmental stages.