The question below is based on the following equations, which refer to a model of a closed economy without a government sector:

The question below is based on the following equations, which refer to a model of a closed economy without a government sector:A = C + IC = 600 + 0,75YI = 200Which of the following statements is/are correct?a) When income is zero, private aggregate spending is 800.b) The slope of the C curve is 0,75.c) The slope of the A curve is 0,75.a.All the statements are correct.b.a and bc.a and cd.b and ce.c

In a closed economy with no government, the level of national saving is equal to the level of investment.Group of answer choicesTrueFalse

1.      In a classical model of a closed economy, assume the equilibrium GDP (Y) is $7000, Consumption C is given by the equation.C = 270 + 0.8 (Y-T).Taxes (T) is equal to $800 and government spending G is $500.What is the equilibrium investment?

Assume the economy is closed and there is no government. The aggregate demand componentsare described below:C = 100 + 0.6YI = 200What is the income of equilibrium?

Which economy has little to no government interference?Group of answer choicesNo answer text provided.Market EconomyTraditional EconomyMixed Economy