Use the Information Below to Answer the Following Questions

question 154

Multiple Choice

Use the information below to answer the following questions.
Fact 27.5.2
The economy of Tinseltown has a consumption function of C = 15 + 0.7Y , investment equal to 8, government expenditure equal to 12, exports equal to 20, and an import function of M = 0.2Y.
-Refer to Fact 27.5.2. What is the equation for the aggregate expenditure curve for this economy?

• A)AE = 35 + 0.5Y
• B)AE = 55 + 0.7Y
• C)AE = 55 + 0.9Y
• D)AE = 45 - 0.5Y
• E)AE = 55 + 0.5Y

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Definitions:

UETA Applies

Refers to situations where the Uniform Electronic Transactions Act is relevant, enabling the legal recognition of electronic signatures and records in transactions.

Electronic Means

The use of digital technologies and electronic devices to carry out activities, including communication, transactions, and data storage.

Voluntarily Assented

The act of giving consent or agreement freely and without coercion.

E-contract

A contract that is created, signed, and maintained in electronic form, often over the internet.