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7. (10 points) In an economy where: - C=CA+C(YT) - T=100+0.40Y - S=0.2(YT)200 - I=1,400 - G=800 - Exports =1000 - Imports =650+0.2(YT) Solve for
7. (10 points) In an economy where: - C=CA+C(YT) - T=100+0.40Y - S=0.2(YT)200 - I=1,400 - G=800 - Exports =1000 - Imports =650+0.2(YT) Solve for Y,C,S,T, and NX. Solve for Public Saving or Public Dissaving (indicate which and the amount) Enter your answers here (see hint below for the formula for C )
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