by Dan | Dec 6, 2018 | Main
1. Consider an economy that is closed and is represented by the following equations. Y = C + I + G C = �0 + �1�� T = �0 + �1� I = �0 + �1� − �2� G = �0 + �1� Also assume that: r = �̅ �0,�0, �0, �0 > 0 0 < �1,�1, �1, �2,�1, �1 < 1 a. Solve for the equilibrium...
