In a certain economy,when income is $400,consumer spending is $325.The value of the multiplier for this economy is 3.33.It follows that,when income is $450,consumer spending is
A)$360.For this economy,an initial increase of $50 in consumer spending translates into a $266.67 increase in aggregate demand.
B)$360.For this economy,an initial increase of $50 in consumer spending translates into a $166.50 increase in aggregate demand.
C)$341.67.For this economy,an initial increase of $50 in consumer spending translates into a $266.67 increase in aggregate demand.
D)$341.67.For this economy,an initial increase of $50 in consumer spending translates into a $166.25 increase in aggregate demand.

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The Answer of In a certain economy,when income is $400,consumer spending is $325.The value of the multiplier for this economy is 3.33.It follows that,when income is $450,consumer spending is
A)$360.For this economy,an initial increase of $50 in consumer spending translates into a $266.67 increase in aggregate demand.
B)$360.For this economy,an initial increase of $50 in consumer spending translates into a $166.50 increase in aggregate demand.
C)$341.67.For this economy,an initial increase of $50 in consumer spending translates into a $266.67 increase in aggregate demand.
D)$341.67.For this economy,an initial increase of $50 in consumer spending translates into a $166.25 increase in aggregate demand.

In a Certain Economy,when Income Is $400,consumer Spending Is $325