Multiple Choice
Table 6.3
-Refer to Table 6.3. The equilibrium level of real GDP in the above economy is:
A) 225.
B) 400.
C) 300.
D) 500.
Correct Answer:
Verified
Related Questions
Q53: C=60+.8Y
I=I0=30
X=40
Z=10+0.2Y
-The equilibrium level of income (Y) is:
A)
Q54: C=60+.8Y
I=I0=30
X=40
Z=10+0.2Y
-Which of the following statements is false
Q55: C=60+.8Y
I=I0=30
X=40
Z=10+0.2Y
-The equilibrium the level of saving is:
A)
