Question: Using the Keynesian-cross analysis, assume that the consumption function is given by C=200 +0.7 (Y-T). If planned investment is 100 and T is 100, than

Using the Keynesian-cross analysis, assume that the consumption function is given by C=200 +0.7 (Y-T). If planned investment is 100 and T is 100, than the level of G needed to make equilibrium Y equal 1000 is:

a 350

b 250

c 200

d 170

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