Solved

-Refer to the Graph Above to Answer This Question

Question 170

Multiple Choice

-Refer to the graph above to answer this question.Suppose that G equals $650,I equals $380 and X equals $170.What is the value of equilibrium income? A) 0. B) $500. C) $1,200 D) $1,400. E) $1,600.
-Refer to the graph above to answer this question.Suppose that G equals $650,I equals $380 and X equals $170.What is the value of equilibrium income?


A) 0.
B) $500.
C) $1,200
D) $1,400.
E) $1,600.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q165: MPC = 0.9;MPM = 0.2<br>-Refer to the

Q166: How is savings defined?<br>A)S = Y +

Q167: If taxes increase,disposable income will fall but

Q168: Refer to the figure above to answer

Q169: If the MPE is equal to 0.6,what

Q171: What happens to the value of net

Q172: Autonomous spending depends on the level of

Q173: Equilibrium income occurs where the value of

Q174: A decrease in the interest rate will

Q175: What does the real-balances effect refer to?<br>A)The