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Use the information below for a four sector economy, answer the following questions: C = 300 + 0.5 Yd T = 60 I = 300 G =

Posted: Sun Apr 10, 2022 8:35 am
by answerhappygod
Use the information below for a four sector economy,
answer the following questions:
C = 300 + 0.5 Yd
T = 60
I = 300
G = 650
X = 300
M = 350 + 0.2 Y
C = Consumption function
T = Tax function
I = Investment function
G = Government expenditures function
X = Export function
M = Import function
Y = National Income
YD = Disposable Income function
Yf = Full Employment Income
Ye =Equilibrium income