Assume:
C = 40 + 0.8(Y - T)
G = 10
I = 20
T = 0,where T are taxes.
(a)Calculate Y at equilibrium.
(b)Calculate C,I,and G at equilibrium.
(c)Now assume,
EX = 5 + 4EP*/P
IM = 10 + 0.1 (Y - T)- 3EP*/P
E = 3
P *= 1.5
P = 2
Find equilibrium Y.

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The Answer of Assume:
C = 40 + 0.8(Y - T)
G = 10
I = 20
T = 0,where T are taxes.
(a)Calculate Y at equilibrium.
(b)Calculate C,I,and G at equilibrium.
(c)Now assume,
EX = 5 + 4EP*/P
IM = 10 + 0.1 (Y - T)- 3EP*/P
E = 3
P *= 1.5
P = 2
Find equilibrium Y.

Assume: C = 40 + 0.8(Y - T)