Question

Suppose that for a particular economy and period, investment was equal to 100,

consumption (C) was given by the consumption function.

C = 25 + 0.8YD

Where YD is disposable income and Y is GDP.

a) What is the level of equilibrium income (Y)?

b) What is the value of the government expenditure multiplier (ΔY/ ΔG)? Of the tax

multiplier (ΔY/ ΔT)?

c) Suppose that investment declined by 40 units to a level of 60. What will be the new

level of equilibrium income?​

Answer 1

Answer:

the investment os not a invest mebhbfb. can u tell this tongue twister below

Explanation:

I got a rose the rose is giving pose tell this three times if u tell this u are winner