1 ) GDP Consumption 240

1 )
GDP Consumption
240 244
250 250
260 256
270 262
280 268
290 274
300 280
310 286
320 292
1)The investment is $ 4 billion net exports are zero and there is no government the equilibrium level of GDP will be ?
2) if investment is $ 10 billion net exports are (-2) million and there is no government the equilibrium level of GDP will be ?
3) Investment is $ 4 billion net exports are $4 and Government collects a lump-sum tax of $ 90 billion and spends $30 billion . Assume all taxes are personal taxes and the government spending does not entail shifts in the consumption and investment . The equilibrium of GPD will be ?
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