Using the Keynesian-Cross Analysis, Assume That the Consumption Function Is

question 11

Multiple Choice

Using the Keynesian-cross analysis, assume that the consumption function is given by C = 200 + 0.7 (Y - T) . If planned investment is 100 and T is 100, then the level of G needed to make equilibrium Y equal 1,000 is:

• A)170.
• B)200.
• C)250.
• D)350.

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