If Planned Autonomous Investment Is 500,autonomous Consumption 300,induced Consumption 2500,savings
Multiple Choice
If planned autonomous investment is 500,autonomous consumption 300,induced consumption 2500,savings 500,and government spending and taxes zero,then
A) Ep is 3300 and the economy is in equilibrium.
B) Ep is 3300 and the economy is out of equilibrium.
C) Ep is 3500 and the economy is in equilibrium.
D) Ep is 3500 and the economy is out of equilibrium.
Correct Answer:
Verified
Correct Answer:
Verified
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