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Consider an economy described by the following: C = $3.5 trillion 1 = $1.1 trillion G = $3.5 trillion T = $3 trillion NX =
Consider an economy described by the following: C = $3.5 trillion 1 = $1.1 trillion G = $3.5 trillion T = $3 trillion NX = $1.5 trillion 7 = 1 mpc = 0.75 d = 0.3 x = 0.1 2 = 1 The expression for the MP curve is: O A. r=2.5 +0.75% B. r= 1 + 1 O C. r=2.5 + 1x OD. r=1 +0.75% The expression for the AD curve is: O A. Y = 26.6 - 1.1 OB. Y=21.28 - 1.1%. OC. Y=21.28 - 16. D. Y=26.6 -1.6% Assume that
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