C = 180 + 0.70YD |= 150 G = 190 T= 120 a.) Equilibrium GDP (Y) = (Round your response to two decimal places) b.) What is the level of disposable income (YD)? (Round your response to two decimal places) c.) What is the level of consumption spending? (Round your response to two decimal

C = 180 + 0.70YD |= 150 G = 190 T= 120 a.) Equilibrium GDP (Y) = (Round your response to two decimal places) b.) What is the level of disposable income (YD)? (Round your response to two decimal places) c.) What is the level of consumption spending? (Round your response to two decimal

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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