Consider a Simple Macro Model with a Constant Price Level

question 21

Multiple Choice

Consider a simple macro model with a constant price level and demand-determined output.If the marginal propensity to spend in such a model is 0.6,the simple multiplier is

• A)0.
• B)0.6.
• C)1.67.
• D)2.5.
• E)6.0.

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Definitions:

Carbonyl Stretch

Refers to the vibration of the carbon-oxygen double bond in the infrared spectroscopy region, often used to identify carbonyl-containing functional groups in organic compounds.

Characteristic Stretches

Specific vibrational movements observed in infrared spectroscopy, unique to various functional groups in a molecule.

Stretching Frequency

A term used in vibrational spectroscopy to describe the rate at which a bond between atoms vibrates, often measured in wave numbers (cm^-1).

Broad Absorption

In spectroscopy, it indicates a wide range of wavelengths over which a substance absorbs electromagnetic radiation.