Refer to the following tableNational Consumption Investment Government Netincome spendingspendingspendingexports260260280270225251052510530028025103202902510LQLQ53403002510536031025105LQLOWhat is the equilibrium Y?a. 260b. 280c. 300d. 320cross outcross outcross outcross oute. 340cross out

National income(Y) refers to the total worth of all services and products that are produced within…

Answered: 300 280 25 10 5 320 290 25 10 5 340 300…

Business

Economics

300 280 25 10 5 320 290 25 10 5 340 300 25 10 5 360 310 25 10 5 What is the equilibrium Y?

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance

Section: Chapter Questions

Problem 1.1P

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Question

Refer to the following table
National Consumption Investment Government Net
income spending
spending
spending
exports
260
260
280
270
225
25
10
5
25
10
5
300
280
25
10
320
290
25
10
LQ
LQ
5
340
300
25
10
5
360
310
25
10
5
LQ
LO
What is the equilibrium Y?
a. 260
b. 280
c. 300
d. 320
cross out
cross out
cross out
cross out
e. 340
cross out

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