In the Keynesian Model, a $1 Billion Increase in Autonomous

question 4

Multiple Choice

In the Keynesian model, a $1 billion increase in autonomous consumption leads to ________ in short-run equilibrium output.

• A)a $1 billion increase
• B)a greater than $1 billion increase
• C)no change
• D)a $1 billion decrease

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Definitions:

Hair Cells

Specialized sensory cells located in the ear that detect sound waves and convert them into nerve signals.

Electrical Signal

Electrochemical transmission used by neurons to communicate information throughout the nervous system and brain.

Decibels

A unit of measurement for sound intensity, representing the relative loudness of sounds.

Loudness

A measure of how intense or powerful a sound seems to a listener, often associated with volume.