Exhibit 9-7 Keynesian Aggregate-Expenditures Model in Exhibit 9-7, the Level

question 27

Multiple Choice

Exhibit 9-7 Keynesian aggregate-expenditures model In Exhibit 9-7, the level of autonomous consumption is:

• A)$50.
• B)$100.
• C)$150.
• D)$200.
• E)$0.

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Definitions:

Percentage

A proportion or share in relation to a whole, represented as a fraction of 100.

Strengthens

Becomes stronger or more forcefully effective.

C$

Currency symbol for the Canadian dollar, the official currency of Canada.

Euro

The official currency of the eurozone, which is used by 19 of the 27 European Union countries.