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21. Given the following macroeconomic data of a hypothetic economy: C - 175 + 0.75(DI) 1 - 50 G - 35 X - 30 M
21. Given the following macroeconomic data of a hypothetic economy: C - 175 + 0.75(DI) 1 - 50 G - 35 X - 30 M - 45 T - 35 Compute the equilibrium GDP of this hypothetic economy. O none of the answers given is correct O $850 O $950 O $900 O $92523. Using the macroeconomic data in #21 above and assuming a full employment economic output of $800. The federal government should (increase or decrease) taxes in the amount of to close up such gap. O increase ; $25 O increase ; $100 O decrease : $25 O decrease ; $100 O cannot be computed based on information provided
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