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The table below shows the parameters for the economy of Hutu. Give your answers to one decimal point. C = 79 + 9.7V XN =
The table below shows the parameters for the economy of Hutu. Give your answers to one decimal point. C = 79 + 9.7V XN = 145 - 3.1'1' I=145 (3:246 a. The value of equilibrium income is $ 1500 O. b. If exports were to increase by 80, the new value of equilibrium income would be $15 1700 o. c. Given your answer in part (b), the new value for XN is $ 45 o. d. Given the equilibrium income in part (a). if full employment income is $750, what change in government spending is necessaryto move the economy to this level? Government spending needs to decrease o by $ 60 o
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