Multiple Choice
Let C = 200 + .8(Y-T) ,planned investment equals 150,and T equals 200.If the equilibrium level of income is 2,000,then the level of government spending needed to make this true is
A) 210.
B) 250.
C) 50.
D) 10.
E) none of the above.
Correct Answer:

Verified
Correct Answer:
Verified
Q44: Assuming that C + I<sub>r</sub> + G
Q51: When firms incur unplanned inventories,they typically<br>A)build new
Q52: Within the simple Keynesian model with lump-sum
Q53: In the open-economy Keynesian model,it always has
Q54: In the simple Keynesian model,if there is
Q55: At equilibrium income:<br>A)planned and actual expenditure are
Q56: According to Keynes,the level of consumer expenditures
Q57: Which of the following equations illustrates the
Q59: Assume that a government increases both government
Q60: If the consumption function is C =