In a certain economy, the components of planned spending are given by: C = 500 + 0.8(Y - T) - 300rI P = 200 - 400rG = 200NX = 10T = 150 Given the information about the economy above, which expression gives autonomous expenditures?
A. [760 ? 700r ]
B. [790 ? 700r ]
C. 0.8Y
D. [910 ? 700r ]
Answer: B
Economics
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