Multiple Choice
Consider the simplest macro model with demand-determined output.The equations are: C = 150 + 0.8Yd,Yd = Y-T,I = 400,G = 700,T = .2Y,X = 130,and IM = 0.14Y.Autonomous expenditures in this model are
A) 1120.
B) 1350.
C) 1380.
D) 2700.
E) 5400.
Correct Answer:
Verified
Correct Answer:
Verified
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