Question

Suppose that the economy is characterized by the following behavioral​ equations: C​ =160​+0.60YD I​ = 150...

Suppose that the economy is characterized by the following behavioral​ equations:

C​ =160​+0.60YD

I​ = 150

T​ = 100

Assume that government spending ​(G​) is equal to 110.

Equilibrium output ​(Y​) =

​Total demand is _______ production.

Private saving​ =

Public saving​ =

Total saving is _____ investment.

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