Multiple Choice
Consider the simple multiplier when the price level is constant.We can say that national income is ________ and that the simple multiplier measures the horizontal shift in ________ in response to a change in autonomous desired expenditure.
A) demand determined; the AS curve
B) unit-cost determined; the AD curve
C) constant; the AD curve
D) demand determined; the AD curve
E) constant; the AE curve
Correct Answer:

Verified
Correct Answer:
Verified
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