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

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Oscilloscope

An electronic test instrument that visually displays varying signal voltages, often used for observing the change of an electrical signal over time.

MACRS Tables

Depreciation schedules provided by the Modified Accelerated Cost Recovery System used in the United States for determining the depreciation of assets for tax purposes.

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