Q2: given that G=40 1=55 C = 0.8Yd + 25 T = 0.1Y+ 10 Calculate the equilibrium level of income(y) and then find the value of consumption (c) and saving (s) and tax (T) at the equilibrium level.
Q2: given that G=40 1=55 C = 0.8Yd + 25 T = 0.1Y+ 10 Calculate the equilibrium level of income(y) and then find the value of consumption (c) and saving (s) and tax (T) at the equilibrium level.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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