Question: 1 4 . Assume an economy has a consumption function of C = 0 . 6 8 * ( Yd ) + 5 2 2

14. Assume an economy has a consumption function of C =0.68*(Yd)+522. Additionally, this economy has investment spending =604, government purchases -328, taxes =225, exports =479, and imports =181. What is the equilibrium level of GDP based on this information? a.4,996.88 b.1,977.006,128.13 d.5,475.00 e.6,606.25

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