Question: Y = C + I + G C = 1 2 0 + 0 . 8 ( Y - T ) I = 5 0

Y=C+I+G
C=120+0.8(Y-T)
I=500-50T
G=150
T=125
where Y is GDP,C is consumption, I is investment, G is government purchases, T is taxes, and r is the interest rate. If the economy were at full employment (that is, at the natural rate of output), GDP would be $2,850.
Identify the equation(s) each of the following statements describes. Check all that apply.
\table[[Statement,C,I,G,T],[It is an autonomous amount, independent of other factors.,,,],[It is a function of disposable income.,,,,],[It depends on the interest rate.,,,,
Y = C + I + G C = 1 2 0 + 0 . 8 ( Y - T ) I = 5 0

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