Question: Math Econ A Moving to the next question prevents changes to this answer, uestion 19 Based on a macro model, equilibrium requires that the following

Math Econ A Moving to the next question prevents changes to

Math Econ

A Moving to the next question prevents changes to this answer, uestion 19 Based on a macro model, equilibrium requires that the following equations, written in a matrix form hold: 0.1 40 0 YY 1,500 0.6 -60 0 6,750 0.03 -8 -1 P where Y is equilibrium national income, r is equilibrium rate of interest, and P is equilibrium price level. The equilibrium price in this economy is equal to: Oa. 7 ' Ob. None of the other answers O c. 420 O d. 12 O e. 60 Of. 310

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