An economy is described by the following equations: C= 1800 +0.6(Y-T) consumption function Ip = 900...

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An economy is described by the following equations: C= 1800 +0.6(Y-T) consumption function Ip = 900 planned investment G=1500

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C-1800 +0.60Y-T) IP = 90o G= 1500 NX-100 net T= 1500 4*= 9000 Now Y=C+I+G+ NX Y - 1800 +0-6(4-1500) +900+1500 + Ioo Y = 4300 ) -0.055 B (u-0-04) Initiat Taky ß- QANOJ GARG -0.055= 2(4-0.04) -0.055=24-0.08 -0.055+0.08=2u 0.025=24 [u=0.0125 So actual u

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An economy is described by the following equations: C= 1800 +0.6(Y-T) consumption function Ip = 900...

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