In an economic model

let X=M

G = 1

I = 2

C = 3 + 0.75Y

Solve for G

for simplicity, let X=M

G = 1

I = 2

if you like decimals C = 3 + 0.75Y or if you prefer fractions C = 3 + 3/4Y

If the Full Employment level of Y is 26, then there is a recessionary gap,or Y, of

let X=M

G = 1

I = 2

decimals C = 3 + 0.75Y

What is the change in government expenditures, or G, would need to be?__________

If the Full Employment level of Y is 26, then there is a recessionary gap,or Y, and toto close the gap,using fiscal policy