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Macroeconomics 11th Edition by Michael Parkin
النسخة 11الرقم المعياري الدولي: 9780133423884Macroeconomics 11th Edition by Michael Parkin
النسخة 11الرقم المعياري الدولي: 9780133423884 تمرين 6
Mathematical Note
In an economy autonomous spending is $20 trillion and the slope of the AE curve is 0.6.
a. What is the equation of the AE curve?
b. Calculate equilibrium expenditure.
c. Calculate the multiplier if the price level is unchanged.
In an economy autonomous spending is $20 trillion and the slope of the AE curve is 0.6.
a. What is the equation of the AE curve?
b. Calculate equilibrium expenditure.
c. Calculate the multiplier if the price level is unchanged.
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a) The equation of the AE curve will be-...
Macroeconomics 11th Edition by Michael Parkin
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