Question: Question 1 Not yet answered Assume a consumption function that takes on the following algebraic form: C = $100 + 8Y 1=$200 Marked out of

Question 1 Not yet answered Assume a consumption

Question 1 Not yet answered Assume a consumption function that takes on the following algebraic form: C = $100 + 8Y 1=$200 Marked out of 1.00 What is the level of income at equilibrium P Flag question Select one: O a $1500 O b. $1000 O c. $2000 O d. None of the options

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