Answered: An open economy is defined by…

An open economy is defined by C=100+0.8(Y-T) |=400 X=0.3Y* IM=0.3Y T=1000, G=1000, Y*=1000 The multiplier of this economy is: A none is correct 1.2 D 2

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter19: The Keynesian Model In Action

Section: Chapter Questions

Problem 16SQ

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