3. Given the following information, S=-200 +0.3Y 1100 a. Calculate the national income equilibrium by using the Leakage-Injection approach. b. Calculate the value of saving. c. Draw the aggregate expenditure graph.

3. Given the following information, S=-200 +0.3Y 1100 a. Calculate the national income equilibrium by using the Leakage-Injection approach. b. Calculate the value of saving. c. Draw the aggregate expenditure graph.

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter23: The Aggregate Expenditure Model

Section: Chapter Questions

Problem 9P

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