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hiusy98 hiusy98
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7 years ago
You are given the following information on the macroeconomy (in millions dollars):

Consumption:   250 + 0.50Y
Investment:   100 + 0.10Y
Government Spending   400
Exports   50
Imports   50 + 0.25Y

Compute the equilibrium level of income, the size of the multiplier, and the change in equilibrium income for a decrease in autonomous investment of $75 million.
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Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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toogootoogoo
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7 years ago
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hiusy98 Author
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7 years ago
This course was so challenging before I signed up here, thanks
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