Suppose the consumption equation is represented by the following: C = 250 + 0.75YD. Assume government spending increases

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Suppose the consumption equation is represented by the following: C = 250 + 0.75YD. Assume government spending increases

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Suppose The Consumption Equation Is Represented By The Following C 250 0 75yd Assume Government Spending Increases 1
Suppose The Consumption Equation Is Represented By The Following C 250 0 75yd Assume Government Spending Increases 1 (17.9 KiB) Viewed 44 times
Suppose the consumption equation is represented by the following: C = 250 + 0.75YD. Assume government spending increases by USD 100. By how much will the equilibrium output increase? Y = C + I + G I = 1 (Exogenous) G = G (Exogenous) C = 250 +0.75YD (Yd = Y - T) O a. USD 200 O b. USD 400 OC. USD 500 O d. USD 600
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