If Y = $200 billion, c = 0.75, autonomous consumption = $10 billion, and T = $20

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If Y = $200 billion, c = 0.75, autonomous consumption = $10 billion, and T = $20 billion, induced consumption expenditure is

Question 5 options:

a)	$135 billion.

b)	$200 billion.

c)	$180 billion.

d)	$150 billion.

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Apr 27, 2023 04:04 AM

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If Y = $200 billion, c = 0.75, autonomous consumption = $10 billion, and T = $20

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Income Tax Fundamentals 2013

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