Multiple Choice
If Y = C + I + G + (X - M) (where C = $100, I = $50, G = $50, and X - M = -$10) the equilibrium level of Y equals
A) $150
B) $180
C) $190
D) $200
E) $210
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: The nation of Omega has an MPC
Q2: In the consumption function: C = a
Q3: If C = a + bY, which
Q4: If the net export function is 500
Q5: If C = $3,000 + 0.9Y, which
Q7: If Y = C + I +
Q8: Consumption that is independent of the level
Q9: Equilibrium output equals autonomous spending multiplied by
Q10: If the marginal propensity to import increases,
Q11: Equilibrium output can be found by solving