Answer:
12.7
Step-by-step explanation:
(a). To calculate Y at equilibrium
Y = C + I + G
Y = 40 + 0.8(Y – 0 + 10 + 20)
Y = 350
(b). To calculate C, I and G at Equilibrium
C = 40 + 0.8 Y
Since Y = 350
C = 40 + 0.8(350)
C = 40 + 280
C = 320
I = 20
G = 10
(c).To find
equilibrium Y
Given,
EX = 4 + 3EP/P
IM = 8 + 0.1 (Y - T) - 2EP/P
E = 3
P = 1
P = 1.5
Y = 170
The answer to the question is
3x+2=3x-2
