(Advanced Analysis)Answer the Question on the Basis of the Following $\begin{array} { l } C = 26 + 0.75 Y \\I _ { g } = 60 \\X = 24 \\M = 10\end{array}$

question 123

Multiple Choice

(Advanced analysis) Answer the question on the basis of the following information for a private open economy.The letters Y,C,I_g,X,and M stand for GDP,consumption,gross investment,exports,and imports respectively.Figures are in billions of dollars. $\begin{array} { l } C = 26 + 0.75 Y \\I _ { g } = 60 \\X = 24 \\M = 10\end{array}$ The multiplier for the economy is:

• A) 4.6.
• B) 3.33.
• C) 5.0.
• D) 4.0.

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