Use the Following to Answer Questions

question 13

Multiple Choice

Use the following to answer questions:
-(Figure: Planned Aggregate Expenditures Curve II) Use Figure: Planned Aggregate Expenditures Curve II.Suppose that the consumption function in this economy rises by $200.Equilibrium real GDP would rise by:

• A) $100.
• B) $200.
• C) $250.
• D) $500.

---

Definitions:

Product Liability

Legal responsibility held by the manufacturer or seller of a product for injuries caused by defects or malfunctions of the product.

Negligence

The lack of due diligence that a reasonable person would demonstrate under comparable conditions, leading to injury or damage.

Manufacturer Prevail

This term is not standard, but it could refer to situations where a manufacturer's preferences or decisions override those of other parties in business contexts.

Unreasonably Dangerous

A legal standard for products or activities that present a high risk of harm, beyond what an ordinary consumer would reasonably expect.