Consider the following three bonds that will be offered in January 2020 Maturity Date 5 years Coupon 2% 3% 4% Answer: What is the total income from Bond 3? Face Value $1000 $1500 $2000 Answer: 7 years 10 years If the consumption function is C = 200 +0.75(Y-T), how much of an increase in spending would be required to generate an increase of 400 in the equilibrium level of output?