Planned spending is as follows: C = 600 + 0.7(Y – T) – 200r, IP = 200 – 500r, G = 200, NX = 10 and T = 150. Which of the following also states PAE? A. [905 – 700r] + 0.3Y B. [905 – 700r] C. [910 – 700r] D. [905 – 700r] + 0.7Y
Planned spending is as follows: C = 600 + 0.7(Y – T) – 200r, IP = 200 – 500r, G = 200, NX = 10 and T = 150. Which of the following also states PAE? A. [905 – 700r] + 0.3Y B. [905 – 700r] C. [910 – 700r] D. [905 – 700r] + 0.7Y
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Planned spending is as follows: C = 600 + 0.7(Y – T) – 200r, IP = 200 – 500r, G = 200, NX = 10 and T = 150. Which of the following also states PAE?
A. [905 – 700r] + 0.3Y
B. [905 – 700r]
C. [910 – 700r]
D. [905 – 700r] + 0.7Y
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