Use the Information Below to Answer the Following Questions

question 122

Multiple Choice

Use the information below to answer the following questions.
Fact 27.5.1
The economy of Beverly Hills has a consumption function of C = 10 + 0.8Y, investment equal to 6, government expenditure equal to 10, exports equal to 10, and an import function of M = 0.1Y.
-Refer to Fact 27.5.1. What is the multiplier for this economy?

• A)1.43
• B)3.33
• C)0.3
• D)10
• E)5

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Definitions:

Internship

A temporary position with an emphasis on on-the-job training rather than merely employment, often used by students to gain relevant work experience.

Temporary Employee

A worker hired for a predetermined, limited period or for the completion of a specific project, without the expectation of ongoing employment.

Work Experience

The accumulation of knowledge, skills, and competencies as a result of participation in paid employment.

External Recruiting

The process of seeking new employees from outside the organization through various means like advertisements, job fairs, and social media.