Given the following parameters for the economy of Pitris:
a)What is the value of expenditures equilibrium?
b)Does the government have a budget surplus or a budget deficit at expenditures equilibrium? What is the value of the budget surplus or deficit?
c)What is the value of the multiplier?

Question

Given the following parameters for the economy of Pitris:
  a)What is the value of expenditures equilibrium?
b)Does the government have a budget surplus or a budget deficit at expenditures equilibrium? What is the value of the budget surplus or deficit?
c)What is the value of the multiplier?

Quizplus · Accepted Answer

The Answer of Given the following parameters for the economy of Pitris:
  a)What is the value of expenditures equilibrium?
b)Does the government have a budget surplus or a budget deficit at expenditures equilibrium? What is the value of the budget surplus or deficit?
c)What is the value of the multiplier?

Given the Following Parameters for the Economy of Pitris