Question: Suppose the consumption function in an economy is given by C (Y) = 100+ 0.8Y, where Y represents income. Suppose further that investment, I, is

Suppose the consumption function in an economy is given by C

Suppose the consumption function in an economy is given by C (Y) = 100+ 0.8Y, where Y represents income. Suppose further that investment, I, is 800. The value of the investment multiplier is: O a. 5 O b.25 O c. 250 O d. -1

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