Assume the equilibrium gdp y is 5000 consumption c is given
Assume the equilibrium GDP (Y) is 5,000. Consumption (C) is given by the equation C= 500 + 0.6(Y-T). Taxes (T) are equal to 1,000. Government spending is 600. In this case equilibrium investment is?
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assume the equilibrium gdp y is 5000 consumption c is given by the equation c 500 06y-t taxes t are equal to 1000
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