The letters Y,C a ,I g ,X n ,G,and T stand for GDP,consumption,gross investment,net exports,government purchases,and net taxes respectively.Figures are in billions of dollars.
C a = 25 + .75(Y - T )
I g = I g0 = 50
X n = X n0 = 10
G = G 0 = 70
T = T 0 = 30
-Refer to the above information.The equilibrium level of GDP for this economy is:
A) $600
B) $530
C) $415
D) $400

Question

Quizplus · Accepted Answer

The Answer of The letters Y,C a ,I g ,X n ,G,and T stand for GDP,consumption,gross investment,net exports,government purchases,and net taxes respectively.Figures are in billions of dollars.
C a = 25 + .75(Y - T )
I g = I g0 = 50
X n = X n0 = 10
G = G 0 = 70
T = T 0 = 30
-Refer to the above information.The equilibrium level of GDP for this economy is:
A) $600
B) $530
C) $415
D) $400

The Letters Y,Ca,Ig,Xn,G,and T Stand for GDP,consumption,gross Investment,net Exports,government Purchases,and

The Letters Y,C_a,I_g,X_n,G,and T Stand for GDP,consumption,gross Investment,net Exports,government Purchases,and