04. If Y=C+I and C=cY, if I increases from I to I, how much will Y increase by? a. b. O C. Od. 1,-10 c(1,-1) (1-1) (1-c) (₁-1) 1

Economics (MindTap Course List)
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ISBN:9781337617383
Author:Roger A. Arnold
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Chapter32: Building Theories To Explain Every Day Life: From Observations To Questions To Theories To Predictions
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04. If Y=C+I and C=cY, if I increases from I to I, how much will Y increase by?
0
O a.
O b.
d.
1₁-10
c(1,-1)
(18-12)
(1-c)
1
(1₁-1) (1-c)
Transcribed Image Text:04. If Y=C+I and C=cY, if I increases from I to I, how much will Y increase by? 0 O a. O b. d. 1₁-10 c(1,-1) (18-12) (1-c) 1 (1₁-1) (1-c)
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