(Advanced Analysis)Answer the Question on the Basis of the Following $\begin{array} { l } S = - 20 + 0.4 Y \\I _ { g } = 25 - 3 i\end{array}$

question 99

Multiple Choice

(Advanced analysis) Answer the question on the basis of the following information for a private closed economy. $\begin{array} { l } S = - 20 + 0.4 Y \\I _ { g } = 25 - 3 i\end{array}$ where S is saving,I_g is gross investment,i is the real interest rate,and Y is GDP. Refer to the information.In equilibrium,the level of saving will be:

• A) $10.
• B) $15.
• C) $20.
• D) $30.

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Definitions:

Median

The middle value in a sorted list of numbers, dividing the dataset into two halves.

Third Quartile

A statistical term which represents the 75th percentile of a dataset, indicating that 75% of the data points fall below this value.

Box Plot

A graphical representation of data that shows the distribution's five-number summary: minimum, first quartile, median, third quartile, and maximum.

Interquartile Range

The measure of variability in a dataset, represented by the difference between the 75th (upper quartile) and 25th (lower quartile) percentiles.