Multiple Choice
Assume that total output has increased by $50 billion and 25 percent of additional income is not spent. What was the initial change in nonincome-determined spending that led to that change in output?
A) $10.0 billion.
B) $12.5 billion.
C) $20.0 billion.
D) $50.0 billion.
Correct Answer:
Verified
Correct Answer:
Verified
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