Refer to the Following Figure to Answer the Following Questions

question 154

Multiple Choice

Refer to the following figure to answer the following questions.
-According to the figure,and assuming the marginal propensity to consume is 0.75,to shift aggregate demand enough to be back at long-run equilibrium,the government would have to increase government spending by

• A) $20 billion.
• B) $10 billion.
• C) $5 billion.
• D) $1 billion.
• E) $500 million.

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Definitions:

Class Conflict

A struggle between different social classes, typically between the working class and the capitalist class, over disparities in wealth, power, and status.

Unitarist View

A perspective in employment relations that sees the organization as an integrated entity with a shared goal, minimizing the role of conflict between employees and management.

Employment Relationships

The legal and practical connection between employers and employees, encompassing rights, responsibilities, and expectations.

Constituents

Individuals or groups represented by an elected official or organization, often used in the context of legislative bodies or unions.