Question
Aggregate Expenditure Model: Data for the economy is given below. a = 6,000 b = .75 T=13,500 G = 12,000 Ip=10,000 Yf=75,000 Using the data
Aggregate Expenditure Model:Data for the economy is given below.
a = 6,000
b = .75
T=13,500
G = 12,000
Ip=10,000
Yf=75,000
Using the data from above, determine the dollar amount of the budget surplus or deficit. For a budget deficit, enter a negative number. For a budget surplus, enter a positive number.
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Dynamic Business Law The Essentials
Authors: Nancy Kubasek
1st Edition
0073377686, 9780073377681
