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If the consumption function is defined as C = 5,500 + 0.9Y,what is the value of the multiplier?
Buyer
An individual or entity that purchases goods or services from another party in an exchange transaction.
Pay
The monetary compensation received by an individual for their services or work.
Wheat
A cereal grain which is a worldwide staple food, used for making breads, pastas, and other food products.
Certainty
Refers to the assurance or confidence in the truth or occurrence of something without doubt.
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