Question
Suppose that a simple economy has the following parameters. C = 150 + 0.6Y I = 250 a. Complete the following table. Y C S
Suppose that a simple economy has the following parameters.
C = 150 + 0.6Y I = 250
a. Complete the following table.
Y | C | S | I | AE |
| 0 | ||||
| 100 | ||||
| 200 | ||||
| 300 | ||||
| 400 | ||||
| 500 | ||||
| 600 | ||||
| 700 | ||||
| 800 | ||||
| 900 | ||||
| 1,000 |
b. The value of expenditures equilibriumis$ . c. At the expenditures equilibrium, the value of injections is $ and the value of leakages is $ .
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
978-0470534793
