c. A closed economy is given below Y=C+I+C C=50+0.8Yd T=15+.1Y G=15
Find the equilibrium level of Y, C and T. if government implements a fiscal expansion of increasing spending by 20%, what is the new equilibrium Y, C and T. use matrices.
Sir pls help me solve C=20+0.8yd T=10, I=20, G=10 1: What's the equilibrium level of income 2: Supposed G were increased by 10, and T were increased by 5, what will be the change in equilibrium income? 3:Supposed G was raised by 15, and T also raised by 15, what would be the change in equilibrium incomes, if any comment. 4: Supposed T=10+0.15y. what will equilibrium income be in this case? What is the multiplier in this case Thank u sir
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c. A closed economy is given below
Y=C+I+C
C=50+0.8Yd
T=15+.1Y
G=15
Find the equilibrium level of Y, C and T. if government implements a fiscal expansion of increasing spending by 20%, what is the new equilibrium Y, C and T. use matrices.
How to claculate slope of Is curve and lm curve .... Application
Thanks sir
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Sir pls help me solve C=20+0.8yd
T=10, I=20, G=10
1: What's the equilibrium level of income
2: Supposed G were increased by 10, and T were increased by 5, what will be the change in equilibrium income?
3:Supposed G was raised by 15, and T also raised by 15, what would be the change in equilibrium incomes, if any comment.
4: Supposed T=10+0.15y. what will equilibrium income be in this case?
What is the multiplier in this case
Thank u sir
Good day, what figures did you subtract to get 0.25?
If no coefficient is there it's considered as 1
Y = 1Y
So Y-.75Y = .25Y