Refer to the information provided in Figure 23.12 below to answer the question(s) that follow.
Figure 23.12Refer to Figure 23.12. [600 + 0.4Y] represents the
A. equilibrium function.
B. multiplier function.
C. saving function.
D. aggregate expenditures function.
Answer: D
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If the banking sector borrows internationally and lends locally, how does this intensify a financial crisis?
What will be an ideal response?
Which of the following is true of small changes in productivity growth rates? a. Small changes in productivity growth rates decrease the productivity of workers in the short run compounding the problem. b. The effects of small changes in productivity growth rates are compounded over the years leading to large cumulative effects. c. Small increases in productivity growth rates cause output to
fall. d. The effects of small changes in productivity growth rates are negligible. e. Small decreases in productivity growth rates cause output to increase.
Why do some unitization contracts require landowners to turn operations to a third party?
Profit is the payment for
a. land and labor b. risk taking and innovation c. capital and labor d. risk taking and capital e. all of the factors of production