In the following table, you are given the following parameters for the economy of Atris: C = 100 + 0.85Y I = 300 G = 150 X = 60 IM = 10 + 0.05Y a) What is the value of expenditures equilibrium? b) What is the value of total leakages and injections at expenditures equilibrium? c) Suppose autonomous expenditure increases by $25. What is the new value of expenditure equilibrium?
In the following table, you are given the following parameters for the economy of Atris: C = 100 + 0.85Y I = 300 G = 150 X = 60 IM = 10 + 0.05Y a) What is the value of expenditures equilibrium? b) What is the value of total leakages and injections at expenditures equilibrium? c) Suppose autonomous expenditure increases by $25. What is the new value of expenditure equilibrium?
Chapter9: The Keynesian Model In Action
Section: Chapter Questions
Problem 18SQ
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Question
In the following table, you are given the following parameters for the economy of Atris:
C = 100 + 0.85Y |
I = 300 |
G = 150 |
X = 60 |
IM = 10 + 0.05Y |
a) What is the value of expenditures equilibrium?
b) What is the value of total leakages and injections at expenditures equilibrium?
c) Suppose autonomous expenditure increases by $25. What is the new value of expenditure equilibrium?
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