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Question
In equation C = a + by, the value of b lies between ______.
Options
0 < b < 1
0 > b > 1
0 = b < 1
0 > b < 1
MCQ
Fill in the Blanks
Solution
In equation C = a + by, the value of b lies between 0 < b < 1.
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Aggregate Demand and Its Components - Consumption
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