An economy has a consumption function of C=12+0.7Y, investment of 10 , government
expenditure of 14 , exports of 20 , and an import function of M=0.2Y. In your answer below, please
round to 2 decimal places: Equilibrium expenditure is $.
An economy has a consumption function of C12+07Y investme.pdf
1. An economy has a consumption function of C=12+0.7Y, investment of 10 , government
expenditure of 14 , exports of 20 , and an import function of M=0.2Y. In your answer below, please
round to 2 decimal places: Equilibrium expenditure is $