Figure 4-7 -Using the Information Contained in Figure 4-7 Above,the Initial Equilibrium

question 13

Multiple Choice

Figure 4-7

-Using the information contained in Figure 4-7 above,the initial equilibrium Y is 3500.If there is 500 of new fiscal stimulus and a constant money supply,Y will increase to ________ and the interest rate will ________.

• A)4000;remain constant
• B)4000;rise to 10%
• C)4500;rise to 12.5%
• D)5500;remain constant

---

Definitions:

Specifications

Detailed descriptions of the design, materials, and quality standards of a product or service.

Modified Rebuy

A purchasing scenario in which a buyer is willing to reconsider and potentially modify the specifications, suppliers, or price of items previously bought.

Product Specifications

Detailed descriptions of the technical and operational requirements of a product, including its design, features, and performance criteria.