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(Advanced Analysis)If S = -60

Question 102

Multiple Choice

(Advanced analysis) If S = -60 + .25Y and Ig = 60,where S is saving,Ig is gross investment,and Y is gross domestic product (GDP) ,then the equilibrium level of GDP is:


A) $200.
B) $320.
C) $360.
D) $480.

Correct Answer:

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