The Letters Y, C, S, and I Are Used to Represent

question 122

Multiple Choice

The letters Y, C, S, and I are used to represent GDP, consumption, saving, and investment respectively. The equation representing the investment schedule for the above economy is:

• A)I = .3Y.
• B)I = 80 - .3Y.
• C)I = 30 + .1Y.
• D)I = I₀ = 30.

---

Definitions:

Longevity

The length of time that an individual lives, often used in context of factors that contribute to a long life.

Life Span

The longest period that members of a species can live.

Life Expectancy

The average period that an individual is expected to live, based on statistical analysis.

Increased

Describes something that has grown or risen in number, size, quantity, or degree.