Given the Equations for C,I,G,and NX Below,what Is the Equilibrium

question 120

Multiple Choice

Given the equations for C,I,G,and NX below,what is the equilibrium level of GDP? C = 2,000 + 0.9Y
I = 2,500
G = 3,000
NX = 400

• A)$4,333
• B)$7,100
• C)$8,778
• D)$79,000

---

Definitions:

Work Plan

A detailed outline of the tasks, timelines, and resources required to complete a project or achieve an objective.

Opening Statement

The initial speech or written remark in a debate, presentation, or written work that outlines the main arguments or points.

Statement Purpose

A declaration outlining the intent or objectives of a document, presentation, or project.

Unsolicted Proposal

is a proposal or offer made by an individual or organization to undertake a project or provide services that have not been specifically requested by the recipient.