In a demand-determined output simple macro model where the price level is taken as given, it is implicitly being assumed that Question content area bottom Part 1 A. net exports are negative. B. producers can provide whatever output is demanded of them without requiring higher prices to offset any higher costs. C. all resources in the economy are fully employed. D. net exports are positive. E. the marginal propensity to consume out of disposable income is equal to the marginal propensity to spend out of national income