Answer to Question #29934 in Macroeconomics for Sheena

Question #29934
you are provided wiv the following info about an open economy wiv govrnment activity: C = 25 + 0.8Yd I = 20 + 0.1Y Z = 15 + 0.1Yd T = 0.2Y Yd = Y - T G = 200 Assume initial level of income Y is 1000 1.Given T = 200, find the value of consumption and investment 2.CALCULATE THE VALUE of export and import. 3.calculate the balance of trade. 4.briefly elaborate on the "circular flow of income"
Expert's answer

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be first!

Leave a comment

Ask Your question

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS
paypal