Given the following data, what is the distance from the origin to the point where the total expenditures (TE) curve cuts the vertical axis? C = $400 + 0.75Yd I = $120 G = $270
A) $670
B) $790.75
C) $790
D) $400
E) ?$390
C
Economics
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Everything else held constant, an increase in planned investment expenditure ________ aggregate ________
A) increases; demand B) decreases; demand C) decreases; supply D) increases; supply
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In the market for Canadian dollars measured in US dollars, the supply of US dollars is
a. The supply of Canadian dollars b. The demand for Canadian Dollars c. The demand for US dollars d. None of the above
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