In Macroland, Autonomous Consumption Equals 100, the Marginal Propensity to Consume

question 43

Multiple Choice

In Macroland, autonomous consumption equals 100, the marginal propensity to consume equals 0.75, net taxes are fixed at 40, planned investment is fixed at 50, government purchases are fixed at 150, and net exports are fixed at 20. Induced expenditure equals:

• A)0.25Y.
• B)320 + 0.25Y.
• C)0.75Y.
• D)290 + 0.75Y.

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Definitions:

General Ground Wires

Electrical wires used to establish a safe path for electricity to return to the ground, helping to prevent electric shocks and maintain system safety.

Weatherproof Connector Terminals

Electrical connectors designed to resist moisture, dust, and other environmental factors, ensuring reliable connections in outdoor or harsh settings.

Tang Release Tool

A pin or collet used to separate terminals in any of a number of different types of electronic connector assemblies.

Connector Block

A connector block, also known as a terminal block, is a type of electrical connector that secures and organizes wires within electrical circuits.