The aggregate income identity requires that Y=C+I+G+X-M. Let us suppose that we have the following relationships,...

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The aggregate income identity requires that Y=C+I+G+X-M. Let us suppose that we have the following relationships, • C = co +₁ (1-1) Y • 1=do-air • G = 80-81 Y . . • X = XO • M = mo +m₁ Y What is the value of the multiplier if co = 2.04, c₁=0.94,1=0.67,4 = 5.98, a₁ = 0.36, 80 = 4.92, 81 = 0.61, to = 1.38, mo = 4.33 and m₁ = 0.7 (Please enter your answer to 2 decimal places) The aggregate income identity requires that Y=C+I+G+X-M. Let us suppose that we have the following relationships, • C = co +₁ (1-1) Y • 1=do-air • G = 80-81 Y . . • X = XO • M = mo +m₁ Y What is the value of the multiplier if co = 2.04, c₁=0.94,1=0.67,4 = 5.98, a₁ = 0.36, 80 = 4.92, 81 = 0.61, to = 1.38, mo = 4.33 and m₁ = 0.7 (Please enter your answer to 2 decimal places)

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The multiplier in this case is 284 The aggregate income identity requires that Y C I G X M Substitut... View the full answer