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    Exam 11: The Income-Expenditure Model
  5. Question
    Let C = 40 + 0
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Let C = 40 + 0

Question 56

Question 56

Multiple Choice

Let C = 40 + 0.8y and I = 10. Autonomous consumption is


A) 10.
B) 32.
C) 40.
D) 50.

Correct Answer:

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