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    Macroeconomics Study Set 17
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    Exam 12: 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 193

Question 193

Multiple Choice

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


A) 0.1
B) 0.9
C) 9
D) 10

Correct Answer:

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