Answer to Question #59325 in Economics of Enterprise for Azliza
Calculate the balance of national income.
Y = C + I + G = 0.9Yd + 70 + 35 + 20 = 0.9*(Y - 0.2Y - 25) + 125 = 0.72Y - 22.5 + 125 = 0.72Y + 102.5;
Y = 0.72Y + 102.5;
0.28Y = 102.5;
Y = 366.07.
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