No Explanation needed please state if the answer is ABC or D

1.Suppose that the economy is characterized by the following structural equations:

X=550

Let C = 450 + 0.29Y

I = 750

G= 360

M= 240 + 0.5Y

What is the equilibrium Y?

a.

$1675.6

b.

$2005.5

c.

$1545.5

d.

$1450.0

2.What is the equilibrium level of income givenC = 100 + 0.8Y , I = 500 and G = 300

a.

$900.08

b.

$4,500

c.

$900

d.

$1,125

3Given the consumption function C = 100 + 0.8Y. The multiplier is

a.

6

b.

1.25

c.

0.2

d.

5

4Given X = 200 and M = 142. The value of net export is ______with a _____ on the balance of trade.

a.

-58, surplus

b.

58, surplus

c.

-342, deficit

d.

342, surplus

5Given the consumption function C = 100 + 0.8Y. The multiplier is

a.

6

b.

1.25

c.

0.2

d.

5