Question

41) Consider the National Income Model described by three equations:
Y=C+10+ Go
C = a + B (Y – T);(a > 0,0<ß < 1)
T = y + SY; (y > 0,0<O< 1)
45) P.
46 C
Here Y is national income, C is consumption, I is Investment, G is public Expenditure and T
is tax Revenue.
Find
and
(Eco(H) 2017)
47)​

Answer 1

Answer:

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