A media company wants to know how much consumers spend in a closed economy. The answer is not readily available, but we know the following: Consumption: C = 50 + 0.6(Y - T) • Investment: 1 = 40-500 i • Taxes: T = 2C . Government spending: G = 20 where Y is GDP and i is the interest rate. At the time of the analysis, the central bank made sure that the interest rate. was 4%   What is the level of consumption C? Select one: a 155 b. 170 c. 195 d. 220

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