In a Certain Economy, the Components of Planned Spending Are

Multiple Choice

In a certain economy, the components of planned spending are given by: C = 500 + 0.8(Y - T) - 300r
Ip = 200 - 400r
G = 200
NX = 10
T = 150
Given the information about the economy above, which expression below gives induced expenditures?

A) [910 - 700r]
B) [790 - 700r]
C) 0.8Y
D) 0.2Y