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    Business
  3. Study Set
    Principles of Macroeconomics
  4. Exam
    Exam 13: Consumption and the Aggregate Expenditures Model
  5. Question
    If Consumption Is Given by C = $10 Billion
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If Consumption Is Given by C = $10 Billion

Question 112

Question 112

True/False

If consumption is given by C = $10 billion + 0.5Y, and autonomous planned investment,government purchases, and net exports amount to $5 billion, then aggregate expenditures are $20 billion if Y = $10 billion.

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