Assume That C = 150 + 0

question 135

Multiple Choice

Assume that C = 150 + 0.9Y and I = 50. The balanced budget multiplier is:

• A) 1.
• B) 10.
• C) - 9.
• D) - 10.

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Definitions:

Profit

The financial gain that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Mechanistic Organization

A highly structured, rigid, and bureaucratic form of organization based on centralized authority and a hierarchical line of command.

Leadership Role

A position of influence and responsibility where an individual guides and directs a group towards achieving a common goal.

Managers

Individuals in an organization responsible for making decisions, overseeing projects, and leading teams towards achieving objectives.