If Autonomous Planned Spending Increases by $1 Million and S

question 137

Multiple Choice

If autonomous planned spending increases by $1 million and s = 0.2 and t = 0.1,then equilibrium income increases by

• A)$5 million.
• B)$3.33 million.
• C)$3.57 million.
• D)$2.90 million.

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