C = 50 + 0.6(Y-T)
where T = taxes, set at 100 billion, and the remaining expenditures ar...
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.
Answers: 3
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