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    Exam 11: The Income-Expenditure Model
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    If the Consumption Function Is C = 100 + 0
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If the Consumption Function Is C = 100 + 0

Question 17

Question 17

Multiple Choice

If the consumption function is C = 100 + 0.9Y, then the multiplier is:


A) 10.
B) 9.
C) 0.9.
D) 1/9.

Correct Answer:

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