Question
Given = 0.8d + 800 d = 0.2 = 1000 55 = 2000 d = 2000 25 + 0.2 s = 4000 Find (a) the
Given
= 0.8d + 800
d = 0.2
= 1000 55
= 2000
d = 2000 25 + 0.2
s = 4000
Find
(a) the equilibrium level of income and the equilibrium interest rate
(b) the level of , , d and d when the economy is in equilibrium
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
