In a certain economy, the components of planned spending are given by:
C = 500 + 0.8(Y -...
Business, 06.05.2020 05:23 ShortCakes02
In a certain economy, the components of planned spending are given by:
C = 500 + 0.8(Y - T) - 300r
Ip = 200 - 400r
G = 200
NX = 10
T = 150
Given the information about the economy above, which expression below gives autonomous expenditures?
A. [910 - 700r]
B. [760 - 700r]
C. 0.8Y
D. [790 - 700r]
Answers: 3
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