Thanks so much sir Can you please solve more examples.
@george_is_a_greek Жыл бұрын
Very clear working thank you for the help 🙏
@akohfranksule500810 ай бұрын
economy is characterised by the following: C = 200 + b(Y-50-tY); M= 5+0.5Y; I = 50; G = 50; X=20. The tax rate is at 50% while the marginal propensity to save is given at 30%. Find the equilibrium level of national income. If NI changes to 500, how much will the government increase its expenditure to maintain equilibrium