Consider the simplest macro model with demand-determined output. The equations are: C = 100 + 0.8 Yd, Yd = Y-T, 1= 400, G = 720, T= .2 Y, X = 130, and IM = 0.14 Y. Autonomous expenditures in this model are %3D %3D %3D 1120. 1380. 1350. 5400. 2700.

ENGR.ECONOMIC ANALYSIS
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Consider the simplest macro model with
demand-determined output. The equations
are: C = 100 + 0.8 Yd, Yd = Y-T, I = 400, G
= 720, T= .2 Y, X = 130, and IM = 0.14 Y.
Autonomous expenditures in this model are
1120.
1380.
1350.
5400.
2700.
Transcribed Image Text:Consider the simplest macro model with demand-determined output. The equations are: C = 100 + 0.8 Yd, Yd = Y-T, I = 400, G = 720, T= .2 Y, X = 130, and IM = 0.14 Y. Autonomous expenditures in this model are 1120. 1380. 1350. 5400. 2700.
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