hypothetical economy, Macroeconomics

#C=100+0.8yd
G=100
T=0.25y
X=150
M=0.25yd
1) What is the level of equilibrium national income?
2) Estimate the budget surplus or deficit at the equilibrium national income.
3) Derive the savings function. Interpret your answer.
4) Define the income multiplier (=k).
question..
Posted Date: 7/15/2012 12:41:24 PM | Location : United States







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