The Letters Y, C, I_g, X, and M Stand for GDP

question 147

Multiple Choice

The letters Y, C, I_g, X, and M stand for GDP, consumption, gross investment, exports, and imports respectively.Figures are in billions of dollars.C = 26 + .75Y I_g = 60
X = 24
M = 10
The multiplier for the above economy is:

• A)4.60.
• B)3.33.
• C)5.00.
• D)4.00.

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The period of time by which a process or event is postponed or delayed.

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