Answer to Question #92194 in Macroeconomics for Adeoye Tunde

Question #92194

Y=C+I+G+Xn+Md
C=a+bYd
I=¢Y-Li
Xn=to-mYd
Md=M1+M2Y
Yd=Y-Tx+Tr
Tx=T#+KY
G=Go
I=g+fY
Establish the structural equation

Expert's answer

Y= a+b{Y-(T#+ky+Tr)}+(g+fY)+Go+{to-m(T#+KY+Tr)}+(M1+M2Y)

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