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If planned autonomous investment is 500, autonomous consumption 300, induced consumption 2500, ...

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If planned autonomous investment is 500, autonomous consumption 300, induced consumption 2500, ...

If planned autonomous investment is 500, autonomous consumption 300, induced consumption 2500, savings 500, and government spending and taxes zero, then
A) Ep is 3300 and the economy is in equilibrium.
B) Ep is 3300 and the economy is out of equilibrium.
C) Ep is 3500 and the economy is in equilibrium.
D) Ep is 3500 and the economy is out of equilibrium.

Textbook

Macroeconomics

Macroeconomics

Edition: 12^th

Author: Gordon

Read 81 times

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Scribs Author

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6 years ago

Good timing, thanks!

jayfo05

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Thanks

missnoname

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Thanks for your help!!

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