Business
Business, 04.04.2020 05:58, TheBurntToast

Suppose that the GDP initially is Y = 50. Obtain the corresponding levels of savings S and unplanned investment IU. Is Y = 50 an income-expenditure equilibrium? If not, what adjustment of inventories would you expect it to take place towards an equilibrium, and what will be the equilibrium GDP?

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Suppose that the GDP initially is Y = 50. Obtain the corresponding levels of savings S and unplanned...

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