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.

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Definitions:

Toilet Training

The process of teaching a young child to use the toilet for urination and defecation.

Readiness

The state of being fully prepared for something or emotionally and mentally conditioned to tackle a task or face a situation.

Transition Object

A physical item, often used by children, that provides comfort and a sense of security during periods of change or separation from familiar caretakers or environments.

Sensory Toy

A type of toy designed to stimulate a child's senses, aiding in their cognitive growth and development, often used in therapeutic settings.