Q.4 Suppose that Y=C+I and that consumption function is defined as C=(a-bī)+I-k)Y and a-bT>0 A. In the above model leakages are equal to -a+(1-b)Y B. In the above model leakages are equal to bī +bkY C. In the above model leakages are equal to -a+(1-b)Y + bT + kbY D. Total injections equal to I+G E. None of the above

Q.4 Suppose that Y=C+I and that consumption function is defined as C=(a-bī)+I-k)Y and a-bT>0 A. In the above model leakages are equal to -a+(1-b)Y B. In the above model leakages are equal to bī +bkY C. In the above model leakages are equal to -a+(1-b)Y + bT + kbY D. Total injections equal to I+G E. None of the above

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Please give me correct answer and full explanation. Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.
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