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    Modern Principles of Economics
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    Exam 8: Growth, Capital Accumulation and the Economics of Ideas: Catching up Vs the Cutting Edge
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    If Output in an Economy Is 20 and the Investment
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If Output in an Economy Is 20 and the Investment

Question 44

Question 44

Multiple Choice

If output in an economy is 20 and the investment function is 0.25Y, then:


A) 16 units of output are being consumed.
B) 25 units of output are being invested.
C) 15 units of output are being consumed.
D) 20 units of output are being invested.

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