(Answered) Consider an economy characterised by the following

Engineering

Consider an economy characterised by the following information: C = 1000 + .75YD I = 500 G = 2000 T = 1000 where YD stands for disposable income. The equilibrium level of GDP for the above economy equals: a) 2500. b) 11000. c) 4500. d) 10000. e) none of the above.

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