Answer to Question #171788 in Macroeconomics for lucy Nduta

Question #171788

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


1
Expert's answer
2021-03-17T18:32:47-0400

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

0.53Y=100+200+150+1200.53Y=100+200+150+120

Y=1075.5Y=1075.5

the equilibrium net income


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

net exports


ExportImport=12032=88Export-Import=120-32=88


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