In the Keynesian-cross analysis, if the consumption function is given by C = 20 + 0.7 (Y - T), and planned investment is 100, G is 100, and T is 100, then equilibrium Y is:
A)350.
B)600.
C)950.
D)1,100.

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The Answer of In the Keynesian-cross analysis, if the consumption function is given by C = 20 + 0.7 (Y - T), and planned investment is 100, G is 100, and T is 100, then equilibrium Y is:
A)350.
B)600.
C)950.
D)1,100.

In the Keynesian-Cross Analysis, If the Consumption Function Is Given