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Consider the following closed economy, which we shall call Gazzalestan. c=80+6/10 x YD. I=1500 G=14OO TR=10 T=4/12 x Y If there is a B300 increase
Consider the following closed economy, which we shall call Gazzalestan. c=80+6/10 x YD. I=1500 G=14OO TR=10 T=4/12 x Y If there is a B300 increase in autonomous investment, what is the change in equilibrium real GDP (assuming no change in the price level)? Round to two decimal places and do not enter the currency symbol. If your answer is 136.114, enter 6.11. If your answer is 136.115, enter 6.12. Do not forgot to enter the negative sign, if appropriate. For inquiring minds )3 is the currency symbol for Bitcoin, which is the ofcial currency of Gazzalestan
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