In Econland,autonomous Consumption Equals 200,the Marginal Propensity to Consume Equals

question 103

Multiple Choice

In Econland,autonomous consumption equals 200,the marginal propensity to consume equals 0.9,net taxes are equal to 100,planned private-sector investment is equal to 200,government purchases are equal to 300,and net exports are equal to 50.Short-run equilibrium output in this economy equals

• A) 850.
• B) 5,000.
• C) 6,600.
• D) 7,500.
• E) 8,500.

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Definitions:

Lack of Empathy

A deficiency in the ability to understand and share the feelings of another, often resulting in difficulties in social interactions and relationships.

Cortex

The outer layer of the cerebrum of the brain, involved in various high-level brain functions such as thought, memory, and action.

Glial Cells

Non-neuronal cells in the central and peripheral nervous systems that support, nourish, and protect neurons, playing a crucial role in maintaining homeostasis and forming myelin.

Synapse

The junction between two neurons, where neurotransmitters are released to transmit signals from one neuron to another.