18. Assume a large open economy is defined by the following equations: Y = C+I+G +...
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18. Assume a large open economy is defined by the following equations: Y = C+I+G + NX C = 0.5 (Y – T) I = 1500 250r NX: T = 1000 M P M G = 1500 NCO = 500 – 250r = 1000 - 250e NX = NCO = = : 0.5Y - 500r 1000, P= 10 (a) Y= (b) r= (c) C= (d) I= (e) NCO= (f) NX= (g) e= 19. Assume you will be paid $100 next year and every year after, and the interest rate is 2%. The present value of this infinite future payments= 20. Assume you will be paid $100 next year. This amount will grow at 1% every year, and the interest rate is 4%. The present value of this infinite future payments= 18. Assume a large open economy is defined by the following equations: Y = C+I+G + NX C = 0.5 (Y – T) I = 1500 250r NX: T = 1000 M P M G = 1500 NCO = 500 – 250r = 1000 - 250e NX = NCO = = : 0.5Y - 500r 1000, P= 10 (a) Y= (b) r= (c) C= (d) I= (e) NCO= (f) NX= (g) e= 19. Assume you will be paid $100 next year and every year after, and the interest rate is 2%. The present value of this infinite future payments= 20. Assume you will be paid $100 next year. This amount will grow at 1% every year, and the interest rate is 4%. The present value of this infinite future payments=
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