Consumption expenditure: Investment expenditure: Government budget balance Money demand C = 100 +0.8 Ya I= 120 – 500i Deficit of 50 200 2000 i + 0.1Y Money supply: Lump-sum taxes: Current account...


Consumption expenditure:<br>Investment expenditure:<br>Government budget balance<br>Money demand<br>C = 100 +0.8 Ya<br>I= 120 – 500i<br>Deficit of 50<br>200 2000 i + 0.1Y Money supply:<br>Lump-sum taxes:<br>Current account<br>T=150<br>= 0<br>MD<br>M= 100<br>%3D<br>Where i is the interest rate, Y is the real GDP; Ya is the disposable income<br>What is the equilibrium Y?<br>Select one:<br>O a. 1285<br>cross c<br>O b. 675<br>cross<br>O c. 700<br>cross<br>O d. 1000<br>cros<br>cros<br>O e.<br>None of the above<br>

Extracted text: Consumption expenditure: Investment expenditure: Government budget balance Money demand C = 100 +0.8 Ya I= 120 – 500i Deficit of 50 200 2000 i + 0.1Y Money supply: Lump-sum taxes: Current account T=150 = 0 MD M= 100 %3D Where i is the interest rate, Y is the real GDP; Ya is the disposable income What is the equilibrium Y? Select one: O a. 1285 cross c O b. 675 cross O c. 700 cross O d. 1000 cros cros O e. None of the above

Jun 10, 2022
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