C= 10,I= 0,G= 20,NX=−10,MPC= 1/2, then equilibrium GDP

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Homework answers / question archive / C = 10,I = 0,G = 20,NX = −10,MPC = 1/2, then equilibrium GDP is (a) 20 (b) 10 (c) 40 (d) 80

C = 10,I = 0,G = 20,NX = −10,MPC = 1/2, then equilibrium GDP is (a) 20 (b) 10 (c) 40 (d) 80

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C = 10,I = 0,G = 20,NX = −10,MPC = 1/2, then equilibrium GDP is

(a) 20 (b) 10 (c) 40 (d) 80

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Computation of Equilibrium GDP:

Equilibrium GDP = C+I+G+NX

= 10+0+20+(-10)

= 30+(-10)

Equilibrium GDP = 20

So, the correct option is A "20".

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