Macroeconomics: Principles and Policy (MindTap Course List)
Macroeconomics: Principles and Policy (MindTap Course List)
13th Edition
ISBN: 9781305280601
Author: William J. Baumol, Alan S. Blinder
Publisher: Cengage Learning
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Chapter 9.A, Problem 5TY

a)

To determine

To describe: The equilibrium level of GDP.

b)

To determine

To describe: The saving at equilibrium level of GDP is find out.

c)

To determine

To describe: After increase in net export, the equilibrium level of GDP and the amount of saving.

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