Homework Answers
a) C = 200 + 0.5Y , I = 200
AE = C + I and S = Y - C
| Y | C | S | I | AE |
| 0 | 200 | -200 | 200 | 400 |
| 100 | 250 | -150 | 200 | 450 |
| 200 | 300 | -100 | 200 | 500 |
| 300 | 350 | -50 | 200 | 550 |
| 400 | 400 | 0 | 200 | 600 |
| 500 | 450 | 50 | 200 | 650 |
| 600 | 500 | 100 | 200 | 700 |
| 700 | 550 | 150 | 200 | 750 |
| 800 | 600 | 200 | 200 | 800 |
| 900 | 650 | 250 | 200 | 850 |
| 1000 | 700 | 300 | 200 | 900 |
b) Since equilibrium occur at a where Y = AE.
here, Y= AE occur at Y = AE = 800. so value of equilibrium expenditure = $ 800
c) Value injected in economy = Y - S
= 800 - 200 = $ 600
Value of leakage = S = $ 200
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Y
T
YD
C
S
I
G
X
IM
XN
AE
0
50
180
50
100
60
-5
50
180
50
30
200
60
130
10
50
180
50
300
80
195
50
180
50
40
400
100
40
50
180
50
50...
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600
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$ _____ and of total leakages is $
______
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Y
T
YD
C
S
I
G
X
IM
XN
AE
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50
180
50
100
60
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50
180
50
30
200
60
130
10
50
180
50
300
80
195
50
180
50
40
400
100
40
50
180
50
50...
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