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    Exam 3: Income and Interest Rates: the Keynesian Cross Model and the Is Curve
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    In the Consumption Function C = a + C(Y -T),induced
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In the Consumption Function C = a + C(Y -T),induced

Question 34

Question 34

Multiple Choice

In the consumption function C = a + c(Y -T) ,induced consumption is


A) a + c(Y -T) .
B) a + cY.
C) cY.
D) c(Y - T) .

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