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Author Question: Refer to the information provided in Figure 24.1 below to answer the question(s) that follow. Refer ... (Read 19 times)

formula1

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on: Apr 19, 2019

Question 1

Refer to the information provided in Figure 24.1 below to answer the question(s) that follow.










Refer to Figure 24.1. At equilibrium, the part of consumption that is dependent on income equals $________ billion.


◦ $2,000
◦ $1,500
◦ $1,000
◦ cannot be determined from the given information

Question 2

Refer to the information provided in Figure 24.1 below to answer the question(s) that follow.










Refer to Figure 24.1. Suppose that the consumption function is 
C = 400 + 0.5
Yd and taxes are $200 billion, at equilibrium the value of injections are


◦ $700 billion.
◦ $650 billion.
◦ $500 billion.
◦ $350 billion.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by formula1 on Apr 19, 2019

chevyboi1976

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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formula1

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Reply #2 on: Apr 19, 2019
Thank you!


chevyboi1976

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Reply #3 on: Apr 19, 2019
Always glad to help...


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