Answer to Question #145591 in Macroeconomics for NDHLOVU

Question #145591
Calculate the equilibrium level of output
1
Expert's answer
2020-11-23T06:00:32-0500

In calculating the equilibrium level of output;

"E=C+I+G+NX" (Aggregate demand "=" Consumption "+" Investment"+" Government purchases"+" Net exports) "[E=Y*]" [In Equilibrium,total spending"=" total Income or total output]


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!

Leave a comment

LATEST TUTORIALS
New on Blog
APPROVED BY CLIENTS