CFA Level 1 Exam

3959 Questions

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Question No. 1

Assume that Polaroid decides to build a camera-research facility in Twin Falls, Idaho. The plant will employ

1,000 workers who will be guaranteed full-time jobs at annual earnings of $25,000. If the marginal propensity to consume in Twin Falls is 3/4, what change in income will result from operation of the plant for one year?
Choose the correct option from the given list.
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