4. C $400+ 0.5 Yd, I=$ 400, G = $ 1200, X = $ 200, M= 0.1 Y, T= 400 a. What is the saving function? Draw the figures of consumption and saving functions. b. What is the net export function? Draw this figure. c. What is the AD function? Draw the figure of AD function. d. What is the equilibrium real GDP (Yeq)? What is the multiplier?

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter10: Income And Expenditures Equilibrium
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4. C $400+ 0.5 Yd, I=$ 400, G = $ 1200, X = $ 200, M= 0.1 Y, T= 400
a. What is the saving function? Draw the figures of consumption and saving functions.
b. What is the net export function? Draw this figure.
c. What is the AD function? Draw the figure of AD function.
d. What is the equilibrium real GDP (Yeq)? What is the multiplier?
Transcribed Image Text:4. C $400+ 0.5 Yd, I=$ 400, G = $ 1200, X = $ 200, M= 0.1 Y, T= 400 a. What is the saving function? Draw the figures of consumption and saving functions. b. What is the net export function? Draw this figure. c. What is the AD function? Draw the figure of AD function. d. What is the equilibrium real GDP (Yeq)? What is the multiplier?
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