Answered: Given that C-200 +0.75 Y, investment-…

Given that C-200 +0.75 Y, investment- $150, government spending $200. The equilibrium output(Y) which is equal to GDP is: 1. 1000 2. 2000 3. 2200 4. 2500

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Given that C-200 +0.75 Y, investment- $150, government spending= $200. The equilibrium output(Y) which is equal to GDP is:
1. 1000
2. 2000
3. 2200
4.
2500

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