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Table 1 Consider the following model and answer the remaini.pdf

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Table 1: Consider the following model and answer the remaining questions. Each question is independent of the others. Y=C+I+G+XIMC=100+0.8(YD)I=300G=400X=200IM=80+.05YT=100+ .23Y i) Refer to Table 1. What is the equilibrium level of income in this model? ii) Refer to Table 1. How much is consumption at equilibrium? iii) Refer to Table 1 . What is the level of saving at equilibrium?.

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Table 1: Consider the following model and answer the remaining questions. Each question is independent of the others. Y=C+I+G+XIMC=100+0.8(YD)I=300G=400X=200IM=80+.05YT=100+ .23Y i) Refer to Table 1. What is the equilibrium level of income in this model? ii) Refer to Table 1. How much is consumption at equilibrium? iii) Refer to Table 1 . What is the level of saving at equilibrium?

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Table 1 Consider the following model and answer the remaini.pdf

  • 1. Table 1: Consider the following model and answer the remaining questions. Each question is independent of the others. Y=C+I+G+XIMC=100+0.8(YD)I=300G=400X=200IM=80+.05YT=100+ .23Y i) Refer to Table 1. What is the equilibrium level of income in this model? ii) Refer to Table 1. How much is consumption at equilibrium? iii) Refer to Table 1 . What is the level of saving at equilibrium?