Macroeconomics, Student Value Edition (7th Edition)
Macroeconomics, Student Value Edition (7th Edition)
7th Edition
ISBN: 9780134739038
Author: R. Glenn Hubbard, Anthony Patrick O'Brien
Publisher: PEARSON
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Chapter 12, Problem 12.4.14PA

Subpart (a):

To determine

The value of equilibrium GDP.

Subpart (b):

To determine

The value of MPC.

Subpart (c):

To determine

The value of multiplier.

Subpart (d):

To determine

The value of real GDP.

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Can you show me the answers for parts a and b? Thanks.
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What are the answers for a,b,c,d? Are they supposed to be numerical answers or in terms of a variable?

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Macroeconomics, Student Value Edition (7th Edition)

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