In a certain economy, the components of aggregate spending are given by: C = 500 + 0.75(Y - T) - 500r
I = 300 - 500r
G = 400
NX = 30
T = 40
Given the information about the economy above, which expression below gives autonomous expenditures?
A) [1,270 - 1,000r] + 0.75Y
B) [1,200 - 1,000r]
C) [1,230 - 1,000r]
D) [1,200 - 1,000r] + 0.75Y
Correct Answer:
Verified
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