Answer to Question #47601 in Macroeconomics for joy

Question #47601

given that c= 1000+0.625yd, i=500, g= 500, x=375, im=750, t=200+0.2y, yd y-t
a. solve for equilibrium y and c
b. if I increased by 100, what happens to y
c. draw the old and new function (I=100) clearly labelling the gragh

Expert's answer

Download Answer

Learn more about our help with Assignments: Macroeconomics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. A cartel is often an unstable relationship as individual members both seek and seize the opportunity
2. A cartel is often an unstable relationship as individual members both seek and seize the opportunity
3. For the following items, follow the directions, write the correct answer in the blank, or circle the
4. 1. Economic growth is defined and measured as the annual percentage increase in ______________
5. In a market economy, decisions about what to produce are made primarily by A) the government B) indi
6. 2 questions: 1. If interest paid on public debt is not included in government expenditures (i.e. n
7. Suppose that an endogenous variable yt is related to two exogenous shocks: yt=α*ε_t+β*η_t where