Question: Consider the following numerical model: C = 700 + 0.8YD I = 500-2000i+0.1Y G = 400 T = 500 What is the equilibrium GDP (Y)

Consider the following numerical model: C = 700 + 0.8YD I = 500-2000i+0.1Y G = 400 T = 500

What is the equilibrium GDP (Y) of this economy when the interest rate (i) is zero? A) 9000. B) 10000. C) 11000. D) 12000. E) none of the above.

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