Answered: a) Calculate AY if AG = 100 (assuming…

a) Calculate AY if AG = 100 (assuming that G could change all by itself). b) Calculate AY if AT = 100 (assuming that T could change all by itself). c) Calculate AY for AG = AT = 100..

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

2. C = 50 + .8YD = 50 + .8(Y – T)
%3D
| = 150
%3D
G = 200
T = 200
a) Calculate AY if AG = 100 (assuming that G could
change all by itself).
b) Calculate AY if AT = 100 (assuming that T could
change all by itself).
c) Calculate AY for AG = AT = 100.

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