savannahhighnot9577 savannahhighnot9577

08-04-2024
Business

Answered

Equilibrium in this 3-sector model is at real income (GDP) equal to:

Keynesian 3-Sector model: use the following equations for a closed (no exports or imports) economy to respond to the next items. Assume the interest rate and price level are fixed.

C = $200 +0.80(Y) = $400 G= $200 T = $200
Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.
A. $3,000.
B. $3,200
C. $3,500.
D. $4,000.

Answer :

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