53. Consider an economy described by the following parameters: C=1000+0.8(Y – T) Government purchases=2000 NX=500 Gross Investment=1300 Tax=1000 The level of autonomous consumption is: a. 800 O b. 1100 c. 1000 O d. 900

53. Consider an economy described by the following parameters: C=1000+0.8(Y – T) Government purchases=2000 NX=500 Gross Investment=1300 Tax=1000 The level of autonomous consumption is: a. 800 O b. 1100 c. 1000 O d. 900

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter17: Production And Growth

Section: Chapter Questions

Problem 5CQQ

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This multiple choice question from MACROECONOMICS course. just write for me the final answer.

35
53. Consider an economy described by the following parameters:
C=1000+0.8(Y – T)
Government purchases=2000
NX=500
Gross Investment=1300
Tax=1000
The level of autonomous consumption is:
O a. 800
O b. 1100
O c. 1000
O d. 900

Branch of economics that analyzes the behavior and performance of an economy as a whole. It focuses on the study of aggregates and evaluates changes related to unemployment, gross domestic product, inflation, monetary and fiscal policies of the government.

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