Use the Information Below to Answer the Following Questions

question 66

Multiple Choice

Use the information below to answer the following questions.
Fact 11.5.1
An economy has a consumption function of C = 10 + 0.8Y, investment equal to 6, government expenditure equal to 10, exports equal to 10, and an import function of M = 0.1Y.
-Refer to Fact 11.5.1.What is the multiplier for this economy?

• A)5
• B)0.3
• C)3.33
• D)1.43
• E)10

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Definitions:

Working Conditions

The environment, including hours, physical aspects, and any hazards, in which employees perform their jobs.

SWOT Analysis

A strategic planning tool used to identify and evaluate the Strengths, Weaknesses, Opportunities, and Threats related to a project, organization, or business venture.

Management Team

A group of individuals who work together in planning, controlling, and leading an organization, ensuring it meets its goals and objectives.

Cash Flow

The total amount of money being transferred into and out of a business, considered one of the primary indicators of financial health.