Question
why when we compute the multiplier we do not use this rule Multilplier = 1/s in that question Assume the following equations summarize the structure
why when we compute the multiplier we do not use this rule Multilplier = 1/s
in that question
Assume the following equations summarize the structure of an economy.
C=Ca+0.85(Y-T)
Ca=260-10r
T=200+0.2y
(M/p)d=0.25y-25r
Ms/p=2125
Ip=1500-30r
G=1700
NX=500-0.08y
A) compute the value of the multiplier.
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Understanding Business
Authors: William NickelsJames McHughSusan McHugh
12th Edition
1259929434, 9781259929434
