- A The Following Information Are Regarding To Country Thyme For The Year 2019 Consumption C Rm480million 0 8 Y 1 (19.49 KiB) Viewed 34 times
= = (a) The following information are regarding to Country Thyme for the year 2019: Consumption (C) RM480million +0.8(Y-
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answerhappygod
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= = (a) The following information are regarding to Country Thyme for the year 2019: Consumption (C) RM480million +0.8(Y-
= = (a) The following information are regarding to Country Thyme for the year 2019: Consumption (C) RM480million +0.8(Y-0.2Y) Investment (I) RM150 million Government Spending (G) RM500million Taxation (T) 0.2Y Export (X) RM340million Import (M) RM220million = = = = Base on above information, answer the following questions: i. Calculate the equilibrium level of national income using AD=AS approach for 3 sector economy [5 marks] ii. How much is the total tax at that equilibrium level? [2 Marks] iii. State THREE (3) agents in equilibrium of a three-sector economy.