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Q5 Homework. Unanswered Assume an economy can be modeled with these equations: C = 120 + 0.77 Yd, I = 200, G = 60 -
Q5 Homework. Unanswered Assume an economy can be modeled with these equations: C = 120 + 0.77 Yd, I = 200, G = 60 - 0.051 Y, X = 270 M = 355 and T = 10 + 0.26Y. What is the multiplier on Government Spending (ie if GO increases by 1, how much does Y increase)? Sign & 2 decimals please. Type your numeric answer and submit Unanswered Submit Q6 Homework Unanswered Assume an economy can be modeled with these equations: C = 110 +0.79 Yd, I = 200, G = 55 -0.046 Y, X = 340 M = 315 and T = 10 + 0.25Y. What is the multiplier on Taxation (ie if TO increases by 1, how much does Y increase)? Sign & 2 decimals please. Type your numeric answer and submit
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