The equation representing the investment schedule for the economy is:
Answer the question on the basis of the following data for a private
closed economy. The letters Y, C, S, and I are used to represent real GDP, consumption, saving, and investment respectively.
A. I = .3Y.
B. I = 80 - .3Y.
C. I = 30 + .1Y.
D. I = I 0 = 30.
C. I = 30 + .1Y.
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The figure above shows Tanya's consumption possibilities. Tanya spends $100 per month on movies and restaurant meals. The price of a movie ticket is ________ and the price of a restaurant meal is ________
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a. True b. False Indicate whether the statement is true or false