Consider the Following Information Describing an Economy with Demand-Determined Output

question 60

Multiple Choice

Consider the following information describing an economy with demand-determined output.There is no government or foreign trade.All dollar figures are in billions. 1.equilibrium condition is Y = C + I
2.marginal propensity to save = 0.20
3.the autonomous part of C is $50
4.investment is autonomous and equals $25
TABLE 21-5
Refer to Table 21-5.The equilibrium level of national income is

• A)$375.
• B)$249.
• C)$155.
• D)$75.
• E)$93.75.

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Definitions:

Product Management

The process of developing, bringing to market, and managing a product throughout its lifecycle, from concept to discontinuation.

Retail Inventory Category

A classification within retail management that organizes inventory into groups or divisions based on similarities, usually to improve inventory management and sales strategies.

Automated Inventory Control

Systems or processes that use technology to manage and optimize stock levels, ordering, and storage of goods with minimal human intervention.

Strip Mall

A row of retail stores or service outlets sharing a common parking area, usually located in suburban areas.