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Question 2 [16 points] Research by a team of expert economists has uncovered the consumption and import functions and produced a forecast of planned investment

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Question 2 [16 points] Research by a team of expert economists has uncovered the consumption and import functions and produced a forecast of planned investment and exports for the economy of Sunny City as reported below: Real GDP Y Consumption C Investment | Exports X Imports IM 0 100 100 75 25 100 160 100 75 35 200 220 100 75 45 300 280 100 75 55 400 340 100 75 65 500 400 100 75 75 600 460 100 75 85 700 520 100 75 95 800 580 100 75 105 900 640 1 00 75 11 5 1,000 700 100 75 125 1,100 760 100 75 135 1,200 820 100 75 145

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