Answered: C= 2000 + 0.5(Y-T) T= 200 G= 400 I= 500…

C= 2000 + 0.5(Y-T) T= 200 G= 400 I= 500 10. Refer to the table above. If government spending increases by $100, equilibrium output increases by: (A)$100. (B) $200. (C) $400. (D) $800.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

C= 2000 + 0.5(Y-T)
T= 200
G= 400
I= 500
10. Refer to the table above. If government spending increases by $100, equilibrium output
increases by:
(A)S100. (B) $200. (C) $400. (D) $800.

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