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Answer to Question #214081 in Macroeconomics for Mahii
Question #214081
Briefly explain the meaning of each equation in the above model. What are the values of d Y C , r I , LY and
S Nw . Give economic interpretation of each.
Expert's answer
S - savings
LY - linear yards
C - consumption
d -depreciation
Y - Aggregate Income
r -interest rate
I investment
Learn more about our help with Assignments: Macroeconomics
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