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Question 21 An economy is described by the following equations C = 300+ 0.5 (Y-T) T= 180 IP = 50 G = 150 NX =

Question 21 An economy is described by the following equations C = 300+ 0.5 (Y-T) T= 180 IP = 50 G = 150 NX = 45 Y* = 1000 Find the output gap. O-100 O -90 O -80 O -70

An economy is described by the following equations C=300+0.5(YT)Y=1000T=180IP=50G=150NX=45 Find the output gap. 100 90 80 70

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