U ponunt 0 Consume 3. An economy is described by the following equations: (LO2) C =...

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U ponunt 0 Consume 3. An economy is described by the following equations: (LO2) C = 1,800 + 0.6(Y - T) P = 900 G = 1,500 NX =

Principles of Macroec. 5. For the economy described in Problems 3 and 4, take as given that the multiplier for this economy i

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y = ctItht Nx. y = 1800 + v.6(y-7)+900+ 1500 + 100 8 = 4 300 +0.6 (9- 1 SơO) y = 3400 to 64 y = 3400 Z 0: 4 3 Elvano Equation

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