= 40 + 0.62Y = 100 XN16 0.12Y G = 220 The value of equilibrium income is $ Set up a balancing row to verify your calculations (the tax equation is T = 60+ 0.3Y and X = 205). Enter your responses as whole numbers. T YO с S c. If exports decrease by 40, the new equilibrium income is $ G X IM XN AE

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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9
The table below provides information for the economy of Zawi.
C 40+ 0.62Y
I= 100
a. The value of equilibrium income is $1
b. Set up a balancing row to verify your calculations (the tax equation is T = 60+ 0.3Y and X = 205). Enter your responses as whole
numbers.
BIG, SPEAK
FYTR
XN16 0.12Y
G = 220
Y
YD
с
S
c. If exports decrease by 40, the new equilibrium income is $
I
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AE
Transcribed Image Text:The table below provides information for the economy of Zawi. C 40+ 0.62Y I= 100 a. The value of equilibrium income is $1 b. Set up a balancing row to verify your calculations (the tax equation is T = 60+ 0.3Y and X = 205). Enter your responses as whole numbers. BIG, SPEAK FYTR XN16 0.12Y G = 220 Y YD с S c. If exports decrease by 40, the new equilibrium income is $ I < Prev Search G 9 of 18 www www SAMSUNG X Next > E IM XN AE
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