Question: Why is it $15 19. Consider the goods market model where consumption is given by: C = co + G (Y -T), investment given by:

Why is it $15

19. Consider the goods market model where consumption is given by: C = co + G (Y -T), investment given by: 1 = bo + b,Y - bzi, and G and T are given. Assuming Co = 100, C1 = 0.5, bo = 150, b, = 0.3, and b2 = 1,000. Keeping all other things constant, what will be the change in the equilibrium investment (I*) in the goods market if autonomous consumption, Co, is increased by $10? a. $10 b. $15 C. $35 nonsups tomoiveded aniwollot s.bird bednoasb al vote node barob A ES d. $50 e. All of the answers here are incorrect

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