If the Consumption Function Is Given by C = 100

question 33

Multiple Choice

If the consumption function is given by C = 100 + .6(Y-T) and planned investment is 150,government spending is 50,and T is 100,then equilibrium income is

• A)600
• B)750
• C)400
• D)350

Comprehend the implications of different cash inflow scenarios on the payback period and investment valuation.

Understand the key characteristics of different economic systems.

Identify measures used to assess the economic performance of countries.

Comprehend the concept of capital in economic contexts.

---

Definitions:

Inventory Control

The supervision of supply, storage, and accessibility of items to ensure an adequate supply without excessive oversupply.

Economic Order Quantity

A formula used in supply chain management to determine the optimal order size that minimizes the sum of ordering and holding costs.

Improve Productivity

The process of enhancing the efficiency and effectiveness of operations, typically by optimizing resources and workflow to produce more output with less input.

Long-linked Technology

Refers to the sequential process technology where the production process consists of a series of steps, each of which must be completed before the next can begin.