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18). 5 points Assume, in an open economy C = 40+ 0.4 (Y - T), G = 10, I = 20, CA= 10, T =
18). 5 points
Assume, in an open economy
C = 40+ 0.4 (Y - T), G = 10, I = 20, CA= 10, T = 20.
- Calculate Y and C at equilibrium.
- Calculate S, SP,SG
(c) Verify that CA=S-I
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Financial Accounting
Authors: C Thomas,
12th Edition
007760086X, 9780077600860
