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9. Huron's economy is described as follows: GDP = 2,000 C = Co + mpc (Y - T) - 2,500 r = 100 + .8(Y

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9. Huron's economy is described as follows: GDP = 2,000 C = Co + mpc (Y - T) - 2,500 r = 100 + .8(Y - T) - 2,500 r T = 500 G = 500 I(r) = 1000 - 20,000 r A. Suppose that Huron is a closed economy (a.) (i) Compute desired consumption, private saving and public saving

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