Refer to Table 27-1. What is the level of consumption in this model?   a. 2,550   b. 2,950   c. 2,350   d. 2,750   e. 2,150

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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able 27-1

Y =

C + I + G

C =

500 + 0.8(Y − T)

I =

300

G =

700

T =

0.25Y


Table 27-1

Y =

C + I + G

C =

500 + 0.8(Y−T)

I =

300

G =

700

T =

0.25Y

Refer to Table 27-1. What is the level of consumption in this model?

  a.
2,550
  b.
2,950
  c.
2,350
  d.
2,750
  e.
2,150
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