Answer to Question #37423 in Macroeconomics for Kithma

Question #37423
consider the following hypothetical economy and answer the questions C=100+0.8Yd G=100 T=0.25Y X=150 M=0.2Yd What is the level of equilibrium national income? Estimate the budget surplus or deficit at the equilibrium national income? Derive the saving function.Interpret your answer Define the income multiplier (=k)
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2013-12-06T11:25:14-0500
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