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Assume an Economy represented by the following equations: Y=1,200 C-500+0.5(Y-T) I=200-10r G=300, T-400. As a leading economist in the country, you have to use
Assume an Economy represented by the following equations: Y=1,200 C-500+0.5(Y-T) I=200-10r G=300, T-400. As a leading economist in the country, you have to use the Classical model with fixed income to analyze the Economy.... Question: If government increases taxes, T, from 400 to 500, equilibrium level of investment, I, will become? 100 50 75 150
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Managerial economics applications strategy and tactics
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
12th Edition
9781133008071, 1439079234, 1133008070, 978-1439079232
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