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Assume That the Consumption Function Is C = 100

question 204

Multiple Choice

Assume that the consumption function is C = 100 + 0.8Y, income (Y) is $1,000 billion, and investment I is $50 billion, then the unplanned inventory change will be $ _______ billion.


Definitions:

Cerebellum

A brain structure located underneath the cerebrum at the back of the skull, important for coordinating voluntary movements and maintaining balance and posture.

Pons

A part of the brainstem that links the medulla oblongata and the thalamus, playing a crucial role in the control of breathing, communication between different parts of the brain, and sensations such as hearing and taste.

Sagittal

Pertaining to or in a plane that divides the body into right and left parts, generally used in anatomical descriptions.

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