In a Certain Economy, the Components of Planned Spending Are

question 49

Multiple Choice

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)0.8Y
• B)[790 - 700r]
• C)[910 - 700r]
• D)[760 - 700r]