Question: Q3) From the equation Y = a + b(Y-tY) + Ig + G + X derive the relation (5 marks) Y = 1 1-6(1-1) If

Q3) From the equation Y = a + b(Y-tY) + Ig

Q3) From the equation Y = a + b(Y-tY) + Ig + G + X derive the relation (5 marks) Y = 1 1-6(1-1) If bis 0.8 and tis 0.2 what will be the change in out put level for a change in Aggregate spending by $20bn

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