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Suppose that the economy is characterized by the following behavioralequations: C = 140 +0.7 YD I = 130 G = 150 T = 100 a.

Suppose that the economy is characterized by the following behavioralequations:

C= 140 +0.7YD

I = 130

G= 150

T= 100

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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