Answer the Question Below on the Basis of the Following

question 56

Multiple Choice

Answer the question below on the basis of the following information for a private closed economy: $$\begin{array}{l}\begin{array} { c c } \underline{\text { Gross Domestic Product }} &\underline{ \text { Consumption }} \\\$100& \$ 120 \\200 & 180 \\300 & 240 \\400 & 300 \\500 & 360\end{array}\\\begin{array} { c c } \underline{\text { Expected Rate of Return }} &\underline{ \text { Amount of Investment }} \\ 25 \% & \$ 0 \\20 & 20 \\15 & 40 \\10 & 60 \\5 & 80\end{array}\end{array}$$ Refer to the information.The multiplier for this economy is:

• A) 2.
• B) 2.5.
• C) 3.
• D) 4.

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Definitions:

Confidence Interval

An estimated range of values which is likely to include an unknown population parameter, calculated from a given set of sample data.

Price Per Barrel

The cost of a single barrel of goods, often used to refer to crude oil in the commodities market.

Cost of Paper

The expense associated with purchasing paper, which may include factors like production costs, shipping, and handling fees.

Selling Price

The amount of money for which a product or service is sold to the buyer.