Question: PROBLEM SET 4 Data table [ [ DI , C , S , I,C + I,G , C + I + G , XN
PROBLEM SET
Data
tableDICSI,C I,GCIGXNTE
DI disposable income, C Consumption, S Savings, I Investment, G Government Expenditure, Net exports, and TE Total Equilibrium. Please note that TE is also referred to as GDP or Income. So TE or Y C I G XN Therefore if Disposable income DI is $ and consumption, C is $ how much is your saving S
Calculate for each level of disposable income.
Calculate equilibrium using all sectors TE
What would the new equilibrium be if I was increased to instead of What would this mean to the economy?PPP
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