Given a consumption matrix C and a demand vector d, C = [ 0.1 0.4 0.3 0.2 ] and d = [ 2 1 ] To find the feasible production vector x .

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Consider the basic macroeconomic model: Y=C+I and C = a + by where Y is GDP, C is consumtion and I is total investment (treated as fixed). a, b are positive parameters. Solve the model for Y in terms of I and the parameters.

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Chapter 3.7, Problem 32EQ

To determine

Given a consumption matrix C and a demand vector d,C = [0.10.40.30.2] and d = [21]To find the feasible production vector x.

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Consider the basic macroeconomic model: Y=C+I and C = a + by where Y is GDP, C is consumtion and I is total investment (treated as fixed). a, b are positive parameters. Solve the model for Y in terms of I and the parameters.

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