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Table 1 mpc = 0.75 = 3 c = 0.05 G = 1.45 d = 0.3 T=1.6 X = 0.15 NX = 1

Table 1 mpc = 0.75 = 3 c = 0.05 G = 1.45 d = 0.3 T=1.6 X = 0.15 NX = 1

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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9. Given the values in the table above, equilibrium output \( Y = \_\_\_\_\_ \) when the real interest rate \( r = 4 \).
Transcribed Image Text:9. Given the values in the table above, equilibrium output \( Y = \_\_\_\_\_ \) when the real interest rate \( r = 4 \).
### IS Curve Exogenous Variables and Parameters - Table 1 This table presents various exogenous variables and parameters relevant to the IS Curve in economic models: - **Exogenous Variables:** - \( \bar{C} = 2 \) - \( \bar{I} = 3 \) - \( \bar{G} = 1.45 \) - \( \bar{T} = 1.6 \) - \( \overline{NX} = 1 \) - **Parameters:** - \( \text{mpc (marginal propensity to consume)} = 0.75 \) - \( c = 0.05 \) - \( d = 0.3 \) - \( x = 0.15 \) This information is typically used in macroeconomic analysis to model how output is determined in the goods market. The variables represent autonomous components of consumption, investment, government spending, taxes, and net exports. The parameters help in determining the responsiveness of these elements to changes in economic conditions.
Transcribed Image Text:### IS Curve Exogenous Variables and Parameters - Table 1 This table presents various exogenous variables and parameters relevant to the IS Curve in economic models: - **Exogenous Variables:** - \( \bar{C} = 2 \) - \( \bar{I} = 3 \) - \( \bar{G} = 1.45 \) - \( \bar{T} = 1.6 \) - \( \overline{NX} = 1 \) - **Parameters:** - \( \text{mpc (marginal propensity to consume)} = 0.75 \) - \( c = 0.05 \) - \( d = 0.3 \) - \( x = 0.15 \) This information is typically used in macroeconomic analysis to model how output is determined in the goods market. The variables represent autonomous components of consumption, investment, government spending, taxes, and net exports. The parameters help in determining the responsiveness of these elements to changes in economic conditions.
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