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If Y = $500 Billion, Autonomous Consumption = $300 Billion

Question 34

Multiple Choice

If Y = $500 billion, autonomous consumption = $300 billion, and the marginal propensity to save = 0.20, then saving will equal:

A) - $200 billion.
B) $200 billion.
C) - $100 billion.
D) $100 billion.
E) $40 billion.

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