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Assume a closed economy with no government and a fixed aggregate price level and constant interest rate.

Furthermore, assume that the country's consumption function is C = 200 + 0.75YD, where YD is disposable income, and C is consumption, and that planned investment is $75.

If real GDP is $900:

a. planned investment equals $900.

b. unplanned inventory investment is negative.

c. autonomous consumption equals $900.

d. the economy is in income-expenditure equilibrium.

Furthermore, assume that the country's consumption function is C = 200 + 0.75YD, where YD is disposable income, and C is consumption, and that planned investment is $75.

If real GDP is $900:

a. planned investment equals $900.

b. unplanned inventory investment is negative.

c. autonomous consumption equals $900.

d. the economy is in income-expenditure equilibrium.

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