Question: Given C = 100 + 0.8Y, M = 150 + 0.20Y, I = 100, and X = 350: (a) Determine YE algebraically. (b) Show the
(a) Determine YE algebraically.
(b) Show the determination of YE graphically as in the top panel of Figure 17.3.
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a SY MY 100 02Y 150 02Y 50 04Y I X 100 350 450 50 04Y 450 th... View full answer
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