C = 2,800 + 0.9Y

question 119

Essay

C = 2,800 + 0.9Y
I = 750
G = 1,200
NX = 150
Given the equations for C,I,G,and NX above,what is the equilibrium level of GDP (Y)?

---

Definitions:

CTRL+V

The keyboard shortcut for the "Paste" command in most operating systems and applications, allowing users to insert copied or cut content.

Reset Picture

A feature in graphic editing programs used to revert an image or graphic to its original state.

Clear Formatting

A function in text editing and word processing software that removes all formatting (like fonts, sizes, colors) from selected text, restoring it to default settings.

Corrections

The process of identifying and correcting errors in text, data, or images.