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Using the matrix inversion and Cramer's rule, find the value of endogenous variables. Y = C + 1, + Go = Co + bYa
Using the matrix inversion and Cramer's rule, find the value of endogenous variables. Y = C + 1, + Go = Co + bYa I = 1, G = Go C = T = To + tY
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Solution YC I G y YC E 1o Go G abY1 ayoacb 7 bYe 6T a T dly d0o ...
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An Introduction to the Mathematics of financial Derivatives
Authors: Salih N. Neftci
2nd Edition
978-0125153928, 9780080478647, 125153929, 978-0123846822
