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    Business
  3. Study Set
    Macroeconomics Principles Applications
  4. Exam
    Exam 11: The Income-Expenditure Model
  5. Question
    -Refer to Figure 11
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-Refer to Figure 11

Question 45

Question 45

Multiple Choice

  -Refer to Figure 11.2. Suppose that Ca = 40, MPC = 0.8, I = 10. Equilibrium income is A)  40. B)  50. C)  250. D)  400.
-Refer to Figure 11.2. Suppose that Ca = 40, MPC = 0.8, I = 10. Equilibrium income is


A) 40.
B) 50.
C) 250.
D) 400.

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