Correct answer is (b) R/ ((1/g + R) * g * (R || r) * R/ ((1/g || r) + R)
Explanation: This is a cascade of a follower stage follower by a CS stage which precedes another follower stage. The gain due to each stage gets multiplied until we reach the output. For the first stage, the gain is R / ((1/g+ R). The second stage has a gain of g * (R || r) while the final stage has a gain of R/ ((1/g || r) + R)- the effect of r is simply due to channel length modulation. After multiplying the gains, we get R/ ((1/g + R) * g * (R || r) * R/ ((1/g || r) + R).