By using REPEATED SUBSTITUTION method only, please answer the following Macroeconomics question: Consider the simplified, two-equation, national income model Y = C + I C = a + b Y Where national income (Y) and consumption (C) are endogenous variables and investment (I) are exogenous variables. The parameters in the consumption function, where a represent the autonomous consumption expenditure and b represents the marginal propensity to consume, respectively.

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.

Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.

Afarmer is an example of what kind of producer?