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QUESTION FOUR (15 MARKS) a) Let the national income model be given as Y = C + Io + G Cab(Y-To) G = gY
QUESTION FOUR (15 MARKS) a) Let the national income model be given as Y = C + Io + G Cab(Y-To) G = gY (a > 0, 0 < b
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Macroeconomics
Authors: Charles I. Jones
3rd edition
978-0393123944, 393123944, 393923908, 978-0393923902
