Mathematics
Mathematics, 04.02.2021 20:40, Svetakotok

C = 500 + 0.5Y G = 1200 I = 300 NX = 200+0.3Y T = 50 Where: G is government expenditure, NX is net exports, I is the level of planned investment, C is household consumption, T is taxes and Y is disposable income. (i) Calculate the value of the equilibrium level of national income

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C = 500 + 0.5Y G = 1200 I = 300 NX = 200+0.3Y T = 50 Where: G is government expenditure, NX is net e...

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