Multiple Choice
If the consumption function is C = 200 + 0.8Y and there is a $10 million increase in investment spending, then the aggregate demand curve will shift horizontally to the right by:
A) $8 million.
B) $12.5 million.
C) $2 million.
D) $50 million.
Correct Answer:
Verified
Correct Answer:
Verified
Q179: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" Figure 9.5 -Refer
Q180: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" Figure 9.3 -Refer
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