Question
Suppose that the economy is characterized by the following behavioralequations: C = 170 +0.60 YD I = 120 G = 180 T = 80 a.
Suppose that the economy is characterized by the following behavioralequations:
C= 170 +0.60YD
I = 120
G= 180
T= 80
a. Equilibrium GDP (Y) = (Round your response to two decimal places.)
b. Disposable Income (YD) =(Round your response to two decimal places.)
c. Consumption Spending (C) =(Round your response to two decimal places.)
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Economics of Managerial Decisions
Authors: Roger Blair, Mark Rush
1st edition
134166167, 978-0134166162, 9780134140773 , 978-0133548235
