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PLEASE ANSWER ASAP THANK YOU! 10 The data in the table below are for the economy of Nubia. a. Complete the AE column. Y T
PLEASE ANSWER ASAP THANK YOU!
10 The data in the table below are for the economy of Nubia. a. Complete the AE column. Y T YD c s I G x In XM AE 0 7o 70 4a 110 35 70 135 so 75 27 0 200 so 120 190 70 85 70 135 70 65 41\" 0 400 90 310 340 30 85 70 135 so 55 55\" 0 600 100 500 490 10 85 70 135 90 45 59\" 0 300 110 690 640 50 85 70 135 100 35 83\" b. Write out expressions for the tax function, the consumption function (related to national income [Y]), the net export function, and the AE function. Round your answers to 2 decimal places. c. Use algebra to find out the value of equilibrium income. Round your answer to the nearest whole dollar. Equilibrium income is $ . AE .Step by Step Solution
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