Multiple Choice
If C = 100 + 0.8Y and I = 50, then the equilibrium level of income is
A) 187.5.
B) 375.
C) 600.
D) 750.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q232: Refer to the information provided in Table
Q233: Refer to the information provided in Figure
Q234: Suppose consumption is $20,000 when income is
Q235: Refer to the information provided in Table
Q236: A decrease in planned investment causes<br>A) output
Q238: If planned investment is _ to changes
Q239: Assume that in Scandia, planned investment is
Q240: Refer to the information provided in Figure
Q241: Refer to the information provided in Figure
Q242: Refer to the information provided in Figure