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    Business
  3. Study Set
    Macroeconomics Study Set 43
  4. Exam
    Exam 11: B: The Aggregate Expenditures Model
  5. Question
    C = 40 + .8Y _
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C = 40 + .8Y _

Question 116

Question 116

Multiple Choice

C = 40 + .8Y _
Ig = Ig = 40
_
X = X = 20
_
M = M = 30
Refer to the above information.In equilibrium, the level of consumption is:


A) $230
B) $320
C) $400
D) $150

Correct Answer:

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