Question

Would you expect equilibrium income to rise or fall as a result of this change ? If so ,why? check
your answer with the following numerical example; suppose that, initially, C= 0.8 ,t= 0.25 and Y0 =
600. Now let ∆G=10 and ∆TR=-10

Answer 1

Explanation:

"=-" (and any subsequent words) was ignored because we limit queries to 32 words.