Determine Whether the Equation Defines Y as a Function of X

question 57

Multiple Choice

Determine whether the equation defines y as a function of x.
- $$| x | - y = 9$$

• A) \(y\) is a function of \(x\)
• B) \(y\) is not a function of \(x\)

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Definitions:

MPC (Marginal Propensity To Consume)

The ratio of the change in consumption to the change in income, indicating how income changes affect spending.

Multiplier

An economic factor that quantifies the effect of investment on income, showing how much economic activity is generated by a given increase in spending.

Budget Act

Legislation that governs the budgetary process of a government, setting forth the procedures for proposing, reviewing, and implementing a budget.

Federal Deficit

The shortfall when the U.S. government's expenditures exceed its revenues in a fiscal year.