Multiple Choice
Assume that the consumption function is C = 100 + 0.8Y, income (Y) is $1,000 billion, and investment I is $50 billion, then the unplanned inventory change will be $ _______ billion.
A) - 50
B) 0
C) 50
D) 100
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q92: The marginal propensity to consume is the
Q199: Assume that the consumption function is C
Q200: The multiplier is equal to 1/(1 -
Q202: Assume there is no government or foreign
Q203: Suppose consumption is $10,000 when income is
Q205: Disposable income:<br>A) increases when income increases.<br>B) decreases
Q206: Recall Application 4, "The Locomotive Effect: Why
Q207: The marginal propensity to import is the
Q208: If the consumption function is C =
Q209: If the consumption function is C =