Question: Using the matrix inversion and Cramer's rule, find the value of endogenous variables. 0.3Y + 100i 252 = 0 0.25Y 200i 176 = 0
Using the matrix inversion and Cramer's rule, find the value of endogenous variables. 0.3Y + 100i 252 = 0 0.25Y 200i 176 = 0 - i) Find equation for the IS and LM. ii) Using the matrix inversion and Cramer's rule, find the value of endogenous variables. iii) Illustrate your finding in (i) and (ii) above using an appropriate diagram.
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i IS equation 03 Y 10o i 252 LM equation 025Y 20oi 17... View full answer
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