Given an economy behavior as C = 20 + 0.8Yd
Tn= 0
I =100–5r
G = 20
a. Derive IS equation and IS curve
b. Find“y” when r=10%&8%&6%
c. Find new“y”when G=30@r=10%&8%&6%
d. What is the government multiplier?
Given an economy behavior as C = 20+ 0.8Yd Tn= 0 1 = 100 - 5r G = 20 a. Derive IS equation and IS curve b. Find "y" when r = 10% & 8% &6% Find new "y" when G = 30 @ r = 10% & 8% &6% d. What is the government multiplier?
Given an economy behavior as C = 20 + 0.8Yd Tn= 0 I =100–5r G = 20 a. Derive IS equation and IS curve b. Find“y” when r=
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