Suppose C = 100 + 0

question 127

Multiple Choice

Suppose C = 100 + 0.6(Y - T) and T = 200,I = 140,G = 250 and NX = 50 - 0.2Y.An increase in government purchases of goods and services from G = 250 to G = 280 will result in an increase in Y (GDP) of

• A) 25.
• B) 45.
• C) 50.
• D) 75.
• E) 90.

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Definitions:

Sales Manager

A professional responsible for directing and overseeing a team of salespeople, setting sales goals, and developing strategies to achieve those goals.

Consumer Goods

Consumer goods are products bought for personal or household use, intended for direct consumption or use by the end consumer.

Matrix Departmentation

A complex organizational structure that combines two or more types of departmentalization, often project and functional lines, to leverage the benefits of both.

Hybrid Departmentation

A structure based on some mixture of functional, product, geographic, or customer departmentation.