Given the following information, S= -200 + 0.3Y I= 100 a. Calculate the national income equilibrium by using the Leakage-Injection approach. b. Calculate the value of saving. c. Draw the aggregate expenditure graph. 3.

Given the following information, S= -200 + 0.3Y I= 100 a. Calculate the national income equilibrium by using the Leakage-Injection approach. b. Calculate the value of saving. c. Draw the aggregate expenditure graph. 3.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter23: The Aggregate Expenditure Model

Section: Chapter Questions

Problem 10P

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Question

d)what if I is 400

Given the following information,
S = -200 + 0.3Y
I= 100
a. Calculate the national income equilibrium by using the Leakage-Injection approach.
b. Calculate the value of saving.
c. Draw the aggregate expenditure graph.
3.

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