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

A) $25 billion.
B) $50 billion.
C) $75 billion.
D) $150 billion.

B

Economics

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In comparing China to Canada, China's relatively ________ growth rate in GDP would make you more likely to take a job in China, and China's relatively ________ level of GDP would make you less likely to take a job in China

A) low; low B) high; low C) high; high D) low; high

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If information is less costly and more easily available, then usually this

A. makes markets less efficient. B. increases profit opportunities. C. increases the opportunity cost of acquiring more information. D. makes markets more efficient.

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