## Assume that equilibrium GDP (Y) is 5,000. Consumption (C) is given by the equation C = 500 + 0.6Y. In addition, assume G=0. In this case, equilibrium investment is:

Assume that equilibrium GDP (Y) is 5,000. Consumption (C) is given by the equation C = 500 + 0.6Y. In addition, assume G=0. In this case, equilibrium investment is: Group of answer choices 3,000. 2,000. 1,500. 2,500. EXPERT ANSWER Answer Option 3rd is correct Given GDP (Y) is 5,000 C = 500 + 0.6Y G=0 Find equilibrium investment Output equation …