Multiple Choice
If consumption is given by C = 300 + .6 (Y-T) and I = 300 - 40r,the IS curve is
A) Y = 600 - 2.4T - 40r + G.
B) Y = 600 + .6Y -100r - G
C) Y = 1500 - 1.5T - 100r + 2.5G
D) Y = 1500 + .6T - 100r - G
E) none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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