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

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 FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter11: Fiscal Policy

Section: Chapter Questions

Problem 5SQP

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