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Macroeconomics Final - Part 2 of 4!
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Problem 1
Problem 2
Problem 3
Problem 4
Problem 5
Problem 6
Problem 7
Problem 8
Problem 9
Problem 10
Problem 11
Problem 12
Problem 13
Problem 14
Problem 15
Problem 16
Problem 17
Problem 18
Problem 19
Problem 20
Problem 21
Macroeconomics Final - Part 2 of 4!
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15. Deriving the Aggregate Expenditures Model / AE Model: Private Closed Economy / Problem 2
Problem 2
If the consumption function is C = 50 + 0.8Y and investment is 30, what is the equilibrium level of GDP?
A
GDP = 300
B
GDP = 500
C
GDP = 400
D
GDP = 600
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