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Question 12 Not yet answered Marked out of 1.00 54. Consider an economy described by the following parameters: C=1000+0.8(Y-T) Government purchases 2000 NX-500 Gross Investment

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Question 12 Not yet answered Marked out of 1.00 54. Consider an economy described by the following parameters: C=1000+0.8(Y-T) Government purchases 2000 NX-500 Gross Investment 1300 Tax = 1000 The equilibrium level of GDP is: tFlag question O a. 17800 O b: 1625 OC 20000 O d. 22500

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