Consider the Basic AD/AS Model in the Short Run

question 5

Multiple Choice

Consider the basic AD/AS model in the short run.When there is a change in autonomous desired expenditure,the simple multiplier is equal to the

• A)product of the horizontal shift of the AD curve times the change in autonomous expenditure.
• B)product of the vertical movement along the AD curve times the change in autonomous expenditure.
• C)ratio of the horizontal shift of the AD curve to the change in autonomous expenditure.
• D)ratio of the vertical movement along the AD curve to the change in autonomous expenditure.
• E)ratio of the vertical shift of the AD curve to the change in autonomous expenditure.

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Definitions:

Optimal Temperature

The temperature at which a particular enzymatic or physiological process occurs at its fastest rate.

Enzyme Activity

The process by which enzymes act as catalysts to enable or accelerate biochemical reactions.

Chemical Digestion

The process of breaking down food into smaller molecules through enzymatic action in the digestive system.

Proteins

Large, complex molecules essential for structure, function, and regulation of the body's cells, tissues, and organs, composed of amino acids.