Capital, K, includes

The multiplier for investment represents the ratio of the change in income to the change in investment spending

Indicate whether the statement is true or false

Refer to Scenario 9.6 below to answer the question(s) that follow. SCENARIO 9.6: Celeste borrowed $40,000 from her brother to open a car wash. She pays her brother a 5% yearly return on the money he lent her. Her other yearly fixed costs equal $18,000. Her variable costs equal $40,000. In her first year, Amy sold 40,000 car washes at a price of $2.50 per car wash.Refer to Scenario 9.6. Celeste's total revenue is

A. $2,000. B. $44,000. C. $60,000. D. $100,000.