The Equilibrium Level of Real GDP Is $1,000, the Target

question 27

Multiple Choice

The equilibrium level of real GDP is $1,000, the target full-employment level of real GDP is $1,500, and the marginal propensity to consume is 0.75. The target can be reached if government spending is:

• A) increased by $100 billion.
• B) increased by $125 billion.
• C) increased by $500 billion.
• D) held constant.

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Definitions:

Refugee Women

Female individuals who have been forced to flee their country due to persecution, war, or violence.

Dehumanization

The process of depriving a person or group of positive human qualities, often leading to the justification of inequality or violence against the dehumanized group.

Punitive Social Control

A form of social control that emphasizes punishment as a response to deviance, aiming to deter unwanted behaviors through sanctions or corrective measures.

Marginalized Youth

Marginalized Youth refers to young individuals who experience disadvantage or exclusion due to factors like socio-economic status, race, gender, sexual orientation, or disability.