1. Suppose that the economy is characterized by the following behavioralequations:

C=120+0.75YD

I=170

G=120

T=140

What is the equilibrium GDP (Y)?(Round to two decimalplaces.)

What is the level of disposable income (YD)?(Round to two decimalplaces.)

What is the level of consumption spending (C)?(Round to two decimalplaces.)

1. Suppose that the economy is characterized by the following behavioralequations:

C= 120 + 0.75YD

I= 170

G= 150

T= 100

Equilibrium output (Y) ? (Round your response to the nearest integer)

Total Demand (Z)? ( Round your response to the nearest integer)

Total Demand is ___________ production