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    Exam 8: Aggregate Expenditure and Output in the Short Run
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    If the Consumption Function Is Defined as C = 5,500
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If the Consumption Function Is Defined as C = 5,500

Question 126

Question 126

Multiple Choice

If the consumption function is defined as C = 5,500 + 0.9Y, what is the multiplier?


A) 0.l
B) 0.9
C) 5
D) 6.1
E) 10

Correct Answer:

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