1000, Y*=1000 um level of production is:

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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C-100+0.8(Y-T)
I=400
X=0.3Y*
IM=0.3Y
T-1000, G-1000, Y*=1000
The equilibrium level of production is:
A) 2000
B) 2200
C) 2400
D) None is correct
Transcribed Image Text:C-100+0.8(Y-T) I=400 X=0.3Y* IM=0.3Y T-1000, G-1000, Y*=1000 The equilibrium level of production is: A) 2000 B) 2200 C) 2400 D) None is correct
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