(Advanced Analysis)If S = -60

question 102

Multiple Choice

(Advanced analysis) If S = -60 + .25Y and I_g = 60,where S is saving,I_g is gross investment,and Y is gross domestic product (GDP) ,then the equilibrium level of GDP is:

• A) $200.
• B) $320.
• C) $360.
• D) $480.

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Endorsement

The act of signing one's name on the back of a check or other negotiable document, transferring its legal title or rights to another individual or entity.

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Guarantees provided by a seller regarding the legality of transferring ownership of goods.

Transferee

is an individual or entity that receives the transfer of property, rights, or interest from another.

Secondarily Liable

Liable for paying the amount designated on an instrument should the primarily liable party default.