Problem

2. What is the consumption burden for $Y=150$, $G=I=X=10$ and $\mathrm{mpc}$ of .80 ?
a. +10
b. +5
c. 0
d. -5
e. -10

Answer

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Answer

\(\boxed{120}\) is the final answer.

Steps

Step 1 :Given the values for Y, G, I, X, and mpc: Y = 150, G = 10, I = 10, and X = 10.

Step 2 :Calculate the consumption burden using the formula: Consumption Burden = Y - G - I - X.

Step 3 :Plug the given values into the formula: Consumption Burden = 150 - 10 - 10 - 10.

Step 4 :Calculate the consumption burden: Consumption Burden = 120.

Step 5 :\(\boxed{120}\) is the final answer.

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