Business
Business, 09.04.2020 08:56, graciemccain

C = 50 + 0.6(Y-T)

where T = taxes, set at 100 billion, and the remaining expenditures are given by I+ G (X-M)=350

1. Find the equilibrium value for real GDP
Please explain. I have been stick for hours.

answer
Answers: 3

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Do you know the correct answer?
C = 50 + 0.6(Y-T)

where T = taxes, set at 100 billion, and the remaining expenditures ar...

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