If Y = $200 Billion,c = 0

question 56

Multiple Choice

If Y = $200 billion,c = 0.75,autonomous consumption = $10 billion,and T = $20 billion,induced saving is

• A)$25 billion.
• B)$50 billion.
• C)$75 billion.
• D)$150 billion.

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Definitions:

Sued

The action of bringing a lawsuit against an individual or entity, claiming wrongdoing or seeking remedies under law.

Unconscionable

A situation or term in an agreement that is so unjust or overwhelmingly one-sided in favor of the party with more power that it is deemed unenforceable under law.

Shocks the Conscience

A legal standard for determining whether a legal or governmental decision is so unjust or egregious that it violates fundamental fairness.

Court

A governmental institution authorized to resolve legal disputes between parties and administer justice in civil, criminal, and administrative matters.