1. Which of the following equations is the correct expression of the IS curve?ao+Bo-B₁i+Ga. Y =b. Y=C.d. Y=1-α₁ (1-t)C+I+GY =1-a₁ (1-1)ao+Bo-B₁i+G1+α₁ (1-t)C+I+G1+a₁ (1-1)

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Answered: Which of the following equations is the…

Which of the following equations is the correct expression of the IS curve? a. Yao+Bo-B₁i+G 1-α₁ (1-t) C+I+G = b. Y: c. Y Y = 1-α₁ (1-1) d. Y = ao+Bo-B₁i+G 1+α₁ (1-t) C+I+G 1+ a₁ (1-1)

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

1. Which of the following equations is the correct expression of the IS curve?
ao+Bo-B₁i+G
a. Y =
b. Y=
C.
d. Y=
1-α₁ (1-t)
C+I+G
Y =
1-a₁ (1-1)
ao+Bo-B₁i+G
1+α₁ (1-t)
C+I+G
1+a₁ (1-1)

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