Using the Keynesian-cross analysis, assume that the consumption function is given by C- 200 +0.7(Y - T) If planned investment is 100 and Tis 100, then the level of G needed to make equilbrium Y equal 1,000 is Oa 170 0 200 Oc 250 Od 350

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Chapter10: Keynesian Macroeconomics And Economic Instability: A Critique Of The Self Regulating Economy
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Using the Keynesian-cross analysis, assume that the consumption function is given by C- 200 +0.7 (Y - T) If planned investment is 100 and Tis 100, then the level of G needed to make equilibrium Y equal 1,000 is
O a 170
Ob 200
Oc 250
Od 350
Transcribed Image Text:Using the Keynesian-cross analysis, assume that the consumption function is given by C- 200 +0.7 (Y - T) If planned investment is 100 and Tis 100, then the level of G needed to make equilibrium Y equal 1,000 is O a 170 Ob 200 Oc 250 Od 350
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