What level of govt purchases is needed to achieve an income

Reference no: EM13235159

in the keynesian cross, the consumption function is c=200+0.75(Y-T). planned investment is 100, govt purchase and tax are both 100.

a)graph planned expenditure as a function of income.

b)what's the equilibrium level of income.

c) what level of government purchases is needed to achieve an income of 1,600?

Reference no: EM13235159

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