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The following information relates to a certain economy C= 40 + 0.25Yd I = 35 - 5r G= 100 T= 20+0.4Y X=60 M=15+0.2Y r = 0.2 Required: i). Compute the autonomous investment, government expenditure...

      

The following information relates to a certain economy
C= 40 + 0.25Yd
I = 35 - 5r
G= 100
T= 20+0.4Y
X= 60
M= 15+0.2Y
r = 0.2
Required:
i). Compute the autonomous investment, government expenditure and tax multipliers.
ii). Find the equilibrium income.

  

Answers


Kavungya
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Kavungya answered the question on August 10, 2021 at 08:01


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