Multiple Choice
(Advanced analysis) Answer the question on the basis of the following consumption and investment data for a private closed economy.Figures are in billions of dollars. C = 60 + .6Y
I = I0 = 30
Refer to the data.In equilibrium,the level of consumption spending will be:
A) 170.
B) 270.
C) 160.
D) 195.
Correct Answer:
Verified
Correct Answer:
Verified
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