Refer to the data. In equilibrium, the level of consumption spending will be:
(Advanced analysis) Answer the question on the basis of the following consumption and
investment data for a private closed economy. Figures are in billions of dollars.
C = 60 + .6Y
I = I 0 = 30
A. 170.
B. 270.
C. 160.
D. 195.
D. 195.
Economics