Multiple Choice
The following question are based on the following consumption function for a hypothetical economy. Assume autonomous intended investment is $200 billion and there are no government expenditures, exports, or imports.
-The current equilibrium level of GDP is ________ billion.
A) $2,000
B) $2,100
C) $2,200
D) $2,300
E) $2,400
Correct Answer:

Verified
Correct Answer:
Verified
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