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(Advanced Analysis)Answer the Question on the Basis of the Following

Question 20

Multiple Choice

(Advanced analysis) Answer the question on the basis of the following data for a private closed economy.The letters Y,C,S,and I are used to represent real GDP,consumption,saving,and investment respectively.  GDP (Y) ‾ Consumption (C)  ‾ Investment (I)  ‾$$0$60$301001204020018050300240604003007050036080\begin{array}{ccc}\underline{\text { GDP }(Y) } & \underline{\text { Consumption (C) }} & \underline{\text { Investment (I) }} \\\$ \$ 0 & \$ 60 & \$ 30 \\100 & 120 & 40 \\200 & 180 & 50 \\300 & 240 & 60 \\400 & 300 & 70 \\500 & 360 & 80\end{array} The equation representing the investment schedule for the economy is:


A) I = .3Y.
B) I = 80 - .3Y.
C) I = 30 + .1Y.
D) I = I0 = 30.

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