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The equations below show some macroeconomic information for the economy of Bluebird. All autonomous values are in billions of dollars. C = 115 + 0.755Y
The equations below show some macroeconomic information for the economy of Bluebird. All autonomous values are in billions of dollars.
C = 115 + 0.755Y
I = 204
G = 266
X = 154
IM = 13 + 0.085Y
A.The value of equilibrium national income is $Answer
billion.
B.The value of the multiplier is Answer
. If necessary, round to two decimal places.
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