Multiple Choice
Consider the following macro model with demand-determined output: C = 150 + 0.9Yd,Yd= 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.
Correct Answer:
Verified
Correct Answer:
Verified
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