using Y= C + I + G + NX Also do the following GDP Problem: MPC...

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Also do the following GDP Problem: MPC = .95, Co = $1000 MPI = .03, lo = 250, G = 200, NX = -100, T = 150 using Y= C + I + G + NX

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Answer 1

Answer #1

At equilibrium

Y= 1000 + 0.95(Y-150) + 250 + 0.03Y + 200 - 100

Y= 0.98Y + 1350

0.02Y = 1350

Y= 67500

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Answer 2

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using Y= C + I + G + NX Also do the following GDP Problem: MPC...

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using Y= C + I + G + NX Also do the following GDP Problem: MPC...

Homework Answers

Add Answer to: using Y= C + I + G + NX Also do the following GDP Problem: MPC...

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Add Answer to:
using Y= C + I + G + NX Also do the following GDP Problem: MPC...