Question
Given the following equations for a certain economy C=100+0.6Y I=100 nX=100 Y=2000 Required (a)determine the size of public sector (b) Explain the type of economy
Given the following equations for a certain economy
C=100+0.6Y
I=100
nX=100
Y=2000
Required
(a)determine the size of public sector
(b) Explain the type of economy
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Economics of Strategy
Authors: David Besanko, David Dranove, Mark Shanley, Scott Schaefer
6th edition
978-1118273630, 111827363X, 978-1118319185
