Solved

If S = -60

Question 216

Multiple Choice

If S = -60 + .25Y and Ig = 60,where S is saving,Ig is gross investment,and Y is gross domestic product (GDP) ,then the equilibrium level of GDP is:


A) $200
B) $320
C) $360
D) $480

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q5: For given data the aggregate expenditures-domestic output

Q165: A $10 billion decrease in taxes will

Q172: If the MPC is .9,a $20 billion

Q211: -Refer to the</p></div><svg width=

Q212: The letters Y,C,Ig,X,and M stand for GDP,consumption,gross

Q213: -Refer to the</p></div><svg width=

Q217: The following information is for a private

Q218: The letters Y,C,Ig,X,and M stand for GDP,consumption,gross

Q219: The letters Y,C,Ig,X,and M stand for GDP,consumption,gross

Q220: The letters Y,Ca,Ig,Xn,G,and T stand for GDP,consumption,gross

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents