In the table given below Y represent the aggregate expenditure of the economy on C = consumption, I = investment, G = government projects, and X = net exports.
Table 9.3
-Refer to Table 9.3. The intercept of the C+ I+ G+ X function is at an aggregate expenditures level of:
A) $125.
B) $150.
C) $275.
D) $315.
E) $335.
Correct Answer:
Verified
Q80: Table 9.2 Q82: At the point where consumption equals disposable Q83: As disposable income increases, consumption spending will Q86: The aggregate expenditures function: Q88: An increase in the marginal propensity to Q89: Dissaving occurs when the consumption function lies Q93: An increase in disposable income will cause Q94: Saving remaining constant, the average propensity to Q97: The consumption function has a positive slope Q98: If disposable income rises from $15, 000
A)has the same slope
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