2. Assume the following equations summarize the structure of an economy. C=Ca+0.85 (Y –T) C2= 260 – 10r T= 200 +0.2Y (M/ P)d = 0.25Y- 25r M /P = 2,125 Ip = 1,500 – 30r G=1,700 NX = 500 – 0.08Y %3D

2. Assume the following equations summarize the structure of an economy. C=Ca+0.85 (Y –T) C2= 260 – 10r T= 200 +0.2Y (M/ P)d = 0.25Y- 25r M /P = 2,125 Ip = 1,500 – 30r G=1,700 NX = 500 – 0.08Y %3D

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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