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The consumption function is represented by C - 100+ 4/5 Y, investment is 100 units. The economy is at equilibrium and Go
Posted: Wed Mar 09, 2022 8:33 am
by answerhappygod
- The Consumption Function Is Represented By C 100 4 5 Y Investment Is 100 Units The Economy Is At Equilibrium And Go 1 (43.78 KiB) Viewed 23 times
The consumption function is represented by C - 100+ 4/5 Y, investment is 100 units. The economy is at equilibrium and Government spending increases by 20 units. When the economy arrives at its new equilibrium it must be the case that A. None of the choices is correct. B. GDP has increased by 20 units O c. Consumption has increased by 80 units D. GDP increased by 120 units