The Peruvian economy can be characterized by Equation 24.4.EQUATION 24.4:C = 400 + 0.6YdTaxes = 600Equilibrium Output = $4,000Refer to Equation 24.4. At equilibrium, saving in Peru equals
A. 960.
B. 1,440.
C. 1,560.
D. 2,040.
Answer: A
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