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Author Question: The Italian economy can be characterized by Equation 24.1. EQUATION 24.1: C= 300 + 0.8 Yd G= 400 T= ... (Read 41 times)

lb_gilbert

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Question 1

The Italian economy can be characterized by Equation 24.1.



EQUATION 24.1:




C = 300 + 0.8
Yd 


G = 400


T = 200


I = 200





Refer to Equation 24.1. At the equilibrium level of output in Italy, consumption equals


◦ $3,100.
◦ $3,250.
◦ $3,400.
◦ $3,625.

Question 2

The Italian economy can be characterized by Equation 24.1.



EQUATION 24.1:




C = 300 + 0.8
Yd 


G = 400


T = 200


I = 200





Refer to Equation 24.1. At the equilibrium level of output in Italy, saving equals


◦ $400.
◦ $450.
◦ $500.
◦ $550.


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Marked as best answer by lb_gilbert on Apr 19, 2019

scikid

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