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 I 100 5r G 20 A Derive Is Equation And Is Curve B Find Y When R 1 (29.57 KiB) Viewed 24 times
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?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!