The table below provides information for the economy of Zawi. XN27 - 0.08Y G = 250 C = 70+ 0.58Y I = 155 a. The value of equilibrium income is $ b. Set up a balancing row to verify your calculations (the tax equation is T = 80+ 0.25Y and X = 205). Enter your responses as whole numbers. Y T YD 185 с S c. If exports decrease by 62, the new equilibrium income is $[ I G X IM XN AE eft.

The table below provides information for the economy of Zawi. XN27 - 0.08Y G = 250 C = 70+ 0.58Y I = 155 a. The value of equilibrium income is $ b. Set up a balancing row to verify your calculations (the tax equation is T = 80+ 0.25Y and X = 205). Enter your responses as whole numbers. Y T YD 185 с S c. If exports decrease by 62, the new equilibrium income is $[ I G X IM XN AE eft.

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter9: Demand-side Equilibrium: Unemployment Or Inflation?

Section: Chapter Questions

Problem 1DQ

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