28 29 # Question with the answer 30 # What is the impact on r and I, if there is a negative shock to investment by 31 32 # New input 33 Ic1-Ic-500 # Autonomous investment 34 35 #Model output 36 S1-Y-Cc-Cy* (Y-TX)-G # National savings 37 r1-(S1-Ic1)/(Ir) # Endogenous: Compute 38 I1=Ic1+Ir*(ro) # Other Endogenous: Investments 39 40 # Print results 41 paste("r1 = ", r1) 42 paste("I1 = ", I1) 43 44 45 46 47 48 # Questions # (a) What is the impact on r and I, if G increases by 500? File: F
28 29 # Question with the answer 30 # What is the impact on r and I, if there is a negative shock to investment by 31 32 # New input 33 Ic1-Ic-500 # Autonomous investment 34 35 #Model output 36 S1-Y-Cc-Cy* (Y-TX)-G # National savings 37 r1-(S1-Ic1)/(Ir) # Endogenous: Compute 38 I1=Ic1+Ir*(ro) # Other Endogenous: Investments 39 40 # Print results 41 paste("r1 = ", r1) 42 paste("I1 = ", I1) 43 44 45 46 47 48 # Questions # (a) What is the impact on r and I, if G increases by 500? File: F
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter1: Welcome To Economics!
Section: Chapter Questions
Problem 26CTQ: Suppose, as an economist, you are asked to analyze an issue unlike anything you have ever done...
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