An Economy Has a Fixed Price Level, No Imports, and No

question 33

Multiple Choice

An economy has a fixed price level, no imports, and no income taxes. MPC is 0.5 and real GDP is $300 billion. Businesses increase investment by $10 billion. The new level of real GDP is

• A)$320 billion.
• B)$20 billion.
• C)$5 billion.
• D)$305 billion.
• E)$300 billion.

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Definitions:

Psychotic State

A severe mental disorder characterized by a disconnection from reality, often including delusions and hallucinations.

Moral Superiority

The belief or attitude that one's moral standards or ethics are superior to those of others.

Hate-Motivated Killers

Individuals who commit murder primarily driven by prejudice against certain groups based on race, religion, sexuality, etc.

Organized Hate Group

A group that advocates and practices hatred, hostility, or violence towards members of a race, ethnicity, nation, religion, gender, gender identity, sexual orientation, or any other designated sector of society.