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Consider the Following Simple Macro Model with a Constant Price

Question 48

Multiple Choice

Consider the following simple macro model with a constant price level and demand-determined output: C = 150 + 0.9 Consider the following simple macro model with a constant price level and demand-determined output: C = 150 + 0.9 , = 0.8Y,I = 400,G = 700,T = (0.2) Y,X = 130,IM = (0.08) Y.Equilibrium national income is A) 1380.00. B) 1916.67. C) 2156.25. D) 3833.33. E) 4928.57. , Consider the following simple macro model with a constant price level and demand-determined output: C = 150 + 0.9 , = 0.8Y,I = 400,G = 700,T = (0.2) Y,X = 130,IM = (0.08) Y.Equilibrium national income is A) 1380.00. B) 1916.67. C) 2156.25. D) 3833.33. E) 4928.57. = 0.8Y,I = 400,G = 700,T = (0.2) Y,X = 130,IM = (0.08) Y.Equilibrium national income is


A) 1380.00.
B) 1916.67.
C) 2156.25.
D) 3833.33.
E) 4928.57.

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