Answer to Question #286429 in Macroeconomics for Ibnu Umer

Question #286429

Given the following information answer each of the following questions: - Ca=20 c=MPC=3⁄4 Ia =I=20

Expert's answer

The GDP is:

"Y = C + I = 20 + 0.75Y + 20 = 0.75Y + 40,"

0.25Y = 40,

Y = 160.

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