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Use the Information Below to Answer the Following Questions

Question 72

Multiple Choice

Use the information below to answer the following questions.
Fact 11.5.1
An economy has a consumption function of C = 10 + 0.8Y, investment equal to 6, government expenditure equal to 10, exports equal to 10, and an import function of M = 0.1Y.
-Refer to Fact 11.5.1.What is consumption expenditure in equilibrium in this economy?


A) 26.8
B) 38.8
C) 106
D) 298
E) 114

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