Given the equations for C, I, G, and NX below, what is the equilibrium level of GDP? C = 2,000 + 0.9Y
I = 2,500
G = 3,000
NX = 400
A) $4,333
B) $7,100
C) $8,778
D) $79,000
E) $85,000
Correct Answer:
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