Question: Consider a simple macro model with a constant price-level and demand-determined output. The equations of the model are: C = 2325 + 0.90Y D I

Consider a simple macro model with a constant price-level and demand-determined output. The equations of the model are:

  • C = 2325 + 0.90YD
  • I = 1025
  • G = 1225
  • T = 0.10Y
  • X = 1100
  • IM = 0.10Y

In equilibrium, household savings is:

(Nearest dollar.)

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