contestada

If the consumption function is C​ = 100​ + 0.75Y and planned investment spending is 500​, what will be the equilibrium level of​ output? Ye​ = ​$ nothing. ​(Enter your response as an​ integer.)

Respuesta :

cancinodavidq

Answer:

The equilibrium level of​ output will be Y=2200

Explanation:

Comnsider the following formulas to solve the exercise.

1. Using the Expenditure approach to GDP,

Y=C+I+G

Y=200 + 0.75(Y-200)+200+300

Y=700+0.75Y-150

0.25Y=550

The equilibrium level of​ output will be Y=2200

Otras preguntas