Q9. For each of the following sets of data, determine if output will need to increase, decrease, or remain the same to move the economy to equilibrium:   Y=1,000;C=100+0.75(Y-T);I=200;G=150;T=100 ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ 2.   Y=5,000;C=200+0.9(Y-T);I=500;G=400;T=300

Macroeconomics
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ISBN:9781337617390
Author:Roger A. Arnold
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Chapter9: Classical Macro Economics And The Self Regulating Economy
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Q9. For each of the following sets of data, determine if output will need to increase, decrease, or remain the same to move the economy to equilibrium:

 

  1. Y=1,000;C=100+0.75(Y-T);I=200;G=150;T=100

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

2.   Y=5,000;C=200+0.9(Y-T);I=500;G=400;T=300

________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________

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