menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 32
  4. Exam
    Exam 9: The Aggregate Expenditures Model
  5. Question
    C = 40 + .8Y
Solved

C = 40 + .8Y

Question 45

Question 45

Multiple Choice

C = 40 + .8Y
_
Ig = Ig = 40
_
X = X = 20
_
M = M = 30
-The equilibrium level of GDP = (Y) in the above economy is:


A) $200.
B) $245.
C) $320.
D) $350.

Correct Answer:

verifed

Verified

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

Related Questions

Q10: The following information is consumption and investment

Q14: Actual investment is $62 billion at an

Q21: Suppose the multiplier is 4 and lump-sum

Q74: The following information is consumption and investment

Q127: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2474/.jpg" alt=" -The equilibrium level

Q129: A recessionary expenditure gap in a mixed

Q156: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2474/.jpg" alt=" -The tax in

Q165: In the aggregate expenditures model, equilibrium GDP

Q197: Cyclical unemployment in Canada is essentially the

Q236: Other things equal, if $100 billion of

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines