Use the Following Situation to Answer the Question : Situation

question 122

Multiple Choice

Use the following Situation to answer the question : situation 20-1
Assume a closed economy with no government. Suppose that autonomous consumption equals $400, planned investment equals $500, and the mpc equals 0.9.
-Using the information contained in Situation 20-1,if planned investment decreases by $100,the equilibrium aggregate output will change by

• A)-$1,000.
• B)$-100.
• C)$100.
• D)$1,000.

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Canada

A country in North America known for its vast landscapes, multicultural society, and strong legal framework for business and human rights.

Vicarious Liability

A legal principle where a party is held responsible for the actions or omissions of another person, typically in employer-employee relationships.

Spoliation

The intentional, reckless, or negligent destruction, alteration, or concealment of evidence that is relevant to a legal proceeding.

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