In a country where the consumption function is C= 100+0.75Y, the planned investments are 100 units. If the planned investments are increased from 100 units to 200 units, how much will the balance output level change? Please select one: a. 200 b. 100 c. 250 d. 400 e. 50
In a country where the consumption function is C= 100+0.75Y, the planned investments are 100 units. If the planned investments are increased from 100 units to 200 units, how much will the balance output level change? Please select one: a. 200 b. 100 c. 250 d. 400 e. 50
Chapter1: Making Economics Decisions
Section: Chapter Questions
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2In a country where the consumption function is C= 100+0.75Y, the planned investments are 100 units. If the planned investments are increased from 100 units to 200 units, how much will the balance output level change? Please select one: a. 200 b. 100 c. 250 d. 400 e. 50
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