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

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