Answer to Question #171788 in Macroeconomics for lucy Nduta

Question

C=100+0.5yd,Tax=100,I=200,Export=120,G=150,Import=0.03Y. Calculate the equilibrium net income and net exports

Answer 1

$$Y=C+I+G+Export-Import$$

$$0.53Y=100+200+150+120$$

$$Y=1075.5$$

the equilibrium net income

$$I+T+Export-Import-C=-249.75$$

net exports

$$Export-Import=120-32=88$$