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Suppose that the economy is characterized by the following behavioral? equations:
C? = 170+0.90
YDI ?= 180
G? = 160
T? = 120
What is the equilibrium GDP ?(Y?)? (Round to two decimal? places.)
What is the level of disposable income ?(YD?)?(Round to two decimal? places.)
What is the level of consumption spending ?(C?)? ?(Round to two decimal? places.)
This questions is based on the article, "Signs of a slowdown," published by The Economist on June 6, 2015. The article discusses
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