Answer the given question with a proper explanation and step-by-step solution. We have the following information for an economy. All values are in billion dollars. Disposable Consumption Income Spending с Y Y-T Output Net (Income) Taxes Y T $200 300 400 500 600 700 800 900 1000 1100 1200 1300 1400 $100 100 100 100 100 100 100 100 100 100 100 100 100 $100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 $75 150 225 300 375 450 525 600 675 750 825 900 975 Saving S=Yd-C $25 50 75 100 125 150 175 200 225 250 275 300 325 In this economy, equilibrium income/output is. (Enter your response as an integer.) Planned Government Investment I Purchases G $80 80 80 80 80 80 80 80 80 80 80 80 80 $120 120 120 120 120 120 120 120 120 120 120 120 120 Planned Aggregate Expenditure C+I+G $275 350 425 500 575 650 725 800 875 950 1025 1100 1175
Answer the given question with a proper explanation and step-by-step solution.
We have the following information for an economy. All values are in billion dollars. Disposable Consumption Income Spending с Y Y-T Output Net (Income) Taxes Y T $200 300 400 500 600 700 800 900 1000 1100 1200 1300 1400 $100 100 100 100 100 100 100 100 100 100 100 100 100 $100 200 300 400 500 600 700 800 900 1000 1100 1200 1300 $75 150 225 300 375 450 525 600 675 750 825 900 975 Saving S=Yd-C $25 50 75 100 125 150 175 200 225 250 275 300 325 In this economy, equilibrium income/output is. (Enter your response as an integer.) Planned Government Investment I Purchases G $80 80 80 80 80 80 80 80 80 80 80 80 80 $120 120 120 120 120 120 120 120 120 120 120 120 120 Planned Aggregate Expenditure C+I+G $275 350 425 500 575 650 725 800 875 950 1025 1100 1175
![We have the following information for an economy. All values are in billion dollars.
Output
Disposable Consumption
Income
(Income)
Y
Spending
с
Y₁ =Y-T
$200
300
400
500
600
700
800
900
1000
1100
1200
1300
1400
Net
Taxes
T
$100
100
100
100
100
100
100
100
100
100
100
100
100
$100
200
300
400
500
600
700
800
900
1000
1100
1200
1300
$75
150
225
300
375
450
525
600
675
750
825
900
975
Saving
S=Y₁-C
$25
50
75
100
125
150
175
200
225
250
275
300
325
In this economy, equilibrium income/output is. (Enter your response as an integer.)
Planned
Investment
$80
80
80
80
80
80
80
80
80
80
80
80
80
Government
Purchases
G
$120
120
120
120
120
120
120
120
120
120
120
120
120
Planned
Aggregate
Expenditure
C+I+G
$275
350
425
500
575
650
725
800
875
950
1025
1100
1175](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F851230c5-e9d9-45df-bb53-600d0a184468%2Fe03f0a45-091c-41ff-807c-e53ac160c8e9%2Fxw5eiks_processed.jpeg&w=3840&q=75)
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