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In the Keynesian-Cross Analysis, If the Consumption Function Is Given

question 65

Multiple Choice

In the Keynesian-cross analysis, if the consumption function is given by C = 20 + 0.7 (Y - T) , and planned investment is 100, G is 100, and T is 100, then equilibrium Y is:


Definitions:

Lactate

A compound produced during the breakdown of glucose in the absence of oxygen, often associated with muscle fatigue.

ATP Concentration

The quantity of adenosine triphosphate present within a cell, a critical factor in cellular energy storage and supply for various metabolic functions.

Active Cells

Cells that are engaged in metabolic processes, often characterized by growth, repair, or replication.

Hemoglobin Synthesis

The production of hemoglobin, a protein in red blood cells that carries oxygen throughout the body.

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