Question
Show demand formula (components) for a closed economy case (5 points): Consider the following demand components: Consumption described as a following: 120 million USD as
Show demand formula (components) for a closed economy case (5 points):
Consider the following demand components:
Consumption described as a following: 120 million USD as an autonomous level of consumption plus 80% of disposable income spends on consumption.
I = 50
G=10
T= 25
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Macroeconomics
Authors: David C. Colander
10th edition
1259663043, 1259663048, 978-1259663048
