Consider the Basic AD/AS Macro Model

question 90

Multiple Choice

Consider the basic AD/AS macro model.The simple multiplier is reflected by the

• A)horizontal distance between initial macroeconomic equilibrium and the new intersection of AD and AS in response to a change in autonomous expenditure.
• B)downward movement along the AD curve in response to a change in autonomous expenditure.
• C)size of the rightward shift of the AD curve in response to a change in autonomous expenditure.
• D)upward movement along the AD curve in response to a change in autonomous expenditure.
• E)size of the leftward shift of the AD curve in response to a rise in autonomous expenditure.

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Definitions:

Statistical Technique

A method or procedure used in the analysis of data to uncover patterns, trends, or relationships.

Subjects

Individuals or entities being studied or observed in an experiment or study.

Dependent Means

Dependent means refer to statistical analyses concerning means from related or paired samples, where the observation in one sample is influenced by or paired with the other.

Sample

A subset of a population. See Population.