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In the Equation Y = (1/1 - B + V)(a

Question 23

Multiple Choice

In the equation Y = (1/1 - b + v) (a + I + G + X − u) ,the term (1/1 - b + v) is referred to as the

A) level of autonomous expenditures.
B) autonomous expenditure multiplier.
C) balanced budget multiplier.
D) tax multiplier.

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