Use the Information Below to Answer the Following Questions

question 11

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 equilibrium real GDP for this economy?

• A)110
• B)55
• C)27.5
• D)70
• E)550

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Definitions:

Vegetarian Diet

A diet excluding meat, and sometimes other animal products, focusing on plant-based foods for health, ethical, or environmental reasons.

Diabetes Management

The monitoring and controlling of blood glucose levels in individuals with diabetes, through lifestyle changes, medication, or both.

In-service Education

Training and education provided to employees while they are on duty, designed to enhance job performance and skills.

Fall Prevention

Strategies and interventions designed to reduce the risk of falls, especially in the elderly or those with mobility issues.