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

Name: C = 40 + .8Y _ I g = I g = 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
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

C = 40 + .8Y _ I_g = I_g = 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

Quizplus · Accepted Answer

The Answer of C = 40 + .8Y _ I_g = I_g = 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