If C = 200 + 0

question 290

Multiple Choice

If C = 200 + 0.5Y and I = 100, then the equilibrium level of income is

• A) 175.
• B) 300.
• C) 400.
• D) 600.

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Definitions:

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Relating to the acquisition of knowledge that is obtained by observing and studying subjects without influencing them.

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A collective aimed at promoting social change or addressing social issues through direct action and community involvement.

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describes a state of having the confidence, resources, and authority to take control of one’s life or situation.

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A specific objective or target that is shared and pursued by members of a group.