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if C = 600 + 0.8Yd I = 600 G = 300 T = 200 1. determine the equilibrium level of income using expenditure and
if C = 600 + 0.8Yd I = 600 G = 300 T = 200
1. determine the equilibrium level of income using expenditure and injection-leakage approach
2. calculate the value of the multiplier for this economy
3. calculate the equilibrium level of income when there is a decrease in investment from 600 to 500 using expenditure and injection-leakage approach
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