Multiple Choice
Consider the following information for an economy with demand-determined output and a constant price level.There is no government or foreign trade. TABLE 21-8
-Refer to Table 21-8.The simple multiplier in this economy is
A) 2.0.
B) 2.5.
C) 3.0.
D) 4.0.
E) 5.0.
Correct Answer:

Verified
Correct Answer:
Verified
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