Consider the following model of a small, open economy: Y = 4000 Y d = C + I + G + NX Y = Y d C = 400 + 0.8(Y - T) I = 800 - 5000r NX = 800 - 400 E

December 14, 2017 | Author: JerryWilson | Category: Self-Help

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Consider the following model of a small, open economy:

Y = 4000
Yd = C + I + G + NX
Y = Yd

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