Consider a simple macro model with a constant price level and demand-determined output.The equations of the model are: C = 60 + 0.43Y,I = 150,G = 260,T = 0,X = 90,IM = 0.06Y.The vertical intercept of the AE function is
A)60.0.
B)210.0.
C)300.0.
D)414.4.
E)560.0.

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The Answer of Consider a simple macro model with a constant price level and demand-determined output.The equations of the model are: C = 60 + 0.43Y,I = 150,G = 260,T = 0,X = 90,IM = 0.06Y.The vertical intercept of the AE function is
A)60.0.
B)210.0.
C)300.0.
D)414.4.
E)560.0.

Consider a Simple Macro Model with a Constant Price Level