EXERCISE 1 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
Posted: Fri Jul 01, 2022 7:52 am
EXERCISE 1 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? Aggregate demand part I Mahidol University International College 12