Question
Consider the following numerical model: C = 700+ 0.8YD I = 500-20001+0.1Y G = 400 T = 500 If I decreases from 500 to
Consider the following numerical model: C = 700+ 0.8YD I = 500-20001+0.1Y G = 400 T = 500 If I decreases from 500 to 300, how much income (Y) changes for any given level of the interest rate in the goods-market equilibrium? (Add a + or - to the number you reach depending on whether the change is positive or negative)
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Accounting Information Systems
Authors: George H. Bodnar, William S. Hopwood
11th Edition
0132871939, 978-0132871938
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