Soru
. (30 points) Consider an economy described as follows: Y=C+I+G Y=9,000 G=2,000 T=1,000 C=2000+1/2(Y-T) I=1,600-100r
Çözüm
4.6
(313 Oylar)
Vildan
Gelişmiş · 1 yıl öğretmeni
Uzman doğrulaması
Cevap
To find the equilibrium level of output in this economy, we need to solve for the equilibrium level of output (Y) where aggregate demand equals aggregate supply.Given the equations:
First, let's substitute the given values into the consumption function:
Now, we can substitute the consumption function into the aggregate demand equation:
Simplify the equation:
To solve for Y, we need to isolate it on one side of the equation:
Now, we need to find the equilibrium level of output by setting aggregate demand equal to aggregate supply:
Substitute the expression for Y:
Since the equation does not make sense, it seems there is an error in the given information or the calculations. Please double-check the provided values and equations.