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Exhibit 10-4 -Refer to Exhibit 10-4.If the Present Level of Disposable Income

question 147

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Exhibit 10-4
Exhibit 10-4    -Refer to Exhibit 10-4.If the present level of disposable income is YS<sub>d1</sub>autonomous consumption is equal to A)  C<sub>0</sub>. B)  C<sub>1</sub>. C)  C<sub>2</sub>. D)  C<sub>1</sub> - C<sub>0</sub>. E)  C<sub>2</sub> - C<sub>1</sub>.
-Refer to Exhibit 10-4.If the present level of disposable income is YSd1autonomous consumption is equal to


Definitions:

Dividend Declared

The action by a company's board of directors to distribute a portion of the earnings to shareholders, specified as an amount per share.

Originally Issued

Pertains to securities or stocks that have been made available for sale to the public for the first time.

Par-Common Stock

The face value of a share of common stock as designated in the corporate charter.

Paid-In Capital

Money that investors have given to a corporation in exchange for equity, representing the capital contribution from shareholders when issuing and selling shares.

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