Question
Given AE=C+I+G+X-M C=C+c Y d ,Y d =Y-T , T=tY X , I , G are autonomous expenditure M=mY Calculate the equilibrium output. You must
Given AE=C+I+G+X-M
C=C+c Y d ,Y d =Y-T , T=tY
X , I , G are autonomous expenditure
M=mY
Calculate the equilibrium output. You must show all your calculation. What is
the slope of AE curve?
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Justice In A Global Economy Strategies For Home, Community, And World
Authors: Rebecca Todd Peters, Pamela K Brubaker, Laura A Stivers
1st Edition
0664229557, 9780664229559
