The Italian economy can be characterized by Equation 24.1.EQUATION 24.1:C = 300 + 0.8Yd G = 400T = 200I = 200Refer to Equation 24.1. At the equilibrium level of output in Italy, consumption equals
A. $3,100.
B. $3,250.
C. $3,400.
D. $3,625.
Answer: A
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Please provide the best answer for the statement.
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