Suppose the economy is four sectors economy. The economy is represented by the following: C = 400 + 0.40Yd G= 40 I= 25 T= 5 NX = - 25 where; C= Consumption G= Government Expenditure I= Investment T=...


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Will the level of saving and consumption change as the economy adjusts to this change in imports? Explain.




Suppose the economy is four sectors economy. The economy is represented by the following:<br>C = 400 + 0.40Yd<br>G= 40<br>I= 25<br>T= 5<br>NX = - 25<br>where;<br>C= Consumption<br>G= Government Expenditure<br>I= Investment<br>T= Tax<br>NX = Net Exports<br>

Extracted text: Suppose the economy is four sectors economy. The economy is represented by the following: C = 400 + 0.40Yd G= 40 I= 25 T= 5 NX = - 25 where; C= Consumption G= Government Expenditure I= Investment T= Tax NX = Net Exports

Jun 05, 2022
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