Answer:
B) economic performance
Explanation:
The triple bottom line approach (TBL) refers to an accounting framework with three pillars:
- financial profit
- social responsibility
- stewardship of the environment
The three pillars are part of a broader scope of business values and corporate responsibility.
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Among the choices the answer should be Quickly skimming readings and briefly looking at graphics<span>in the readings. </span>
Answer and Explanation:
Given that
Consumption function C = 200 + 0.9Y
Investment I = 300
Aggregate expenditure AE = C + I
Equilibrium AE = Y
Based on the above information
a. The level of equibrium income is
Y = AE = C + I
Y = 200 + 0.9Y + 300
0.1Y = 500
Y = 5000
b. The value of the investment multiplier is
= 1 ÷ (1 - MPC)
= 1 ÷ (1 - 0.9)
= 10
c. The change in the level of equilibrium income if investment increases by 10 is
Y = 200 + 0.9Y + 310
0.1Y = 510
Y = 5100
Change is
= 5,100 - 5,000
= 100
