Question: The data in the table below are for the economy of Nubia. a. Complete the AE column. Y T Y D C S I G

The data in the table below are for the economy of Nubia.

a. Complete the AE column.

YTYDCSIGXIMXNAE
060−6020−80501101607090
20070130190−60501101608080
40080320360−40501101609070
60090510530−205011016010060
80010070070005011016011050


b. Write out expressions for the tax function, the consumption function (related to national income [Y]), the net export function, and the AE function. Round your answers to 2 decimal places.

T=(Click to select) + − (Click to select) C G S Y
C=(Click to select) + − (Click to select) C G S Y
XN=(Click to select) + − (Click to select) C G S Y
AE=(Click to select) + − (Click to select) C G S Y


c. Use algebra to find out the value of equilibrium income. Round your answer to the nearest whole dollar.

Equilibrium income is $ .

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a Complete the AE column YTYDCSIGXIMXNAE 060602080501101607090 2007013019060501101608080 4008032036040501101609070 60090510530205011016010060 80010070070005011016011050 b Write out expressions for the ... View full answer

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