Macroeconomics Question?

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Macroeconomics Question?




Consider the simplest macro model with demand determined output. The equations of the model are

C= 150+.84Y, I = 400, G= 700, T=0, X= 130, IM = 0.08Y



Desired consumption expenditures are:



A) 1380



B) 1120



C) 2700



D) 5400



E) 1350



If you could show your work in getting to the answer that would be helpful, its one of the questions I got wrong on my midterm and I want to know how to do it if I pops up again on my final.



Update : *****I'm asking to find the Consumption expenditures at equilibrium national income****



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