Lab 3 (Question 2) _ Lyryx Learning Inc.pdf - 11/02/2020...

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11/02/2020Lab 3 (Question 2) ~ Lyryx Learning IncPrintPreferencesHelpLab 3 (Question 2)Name:Tévida Lim-GélinasDate:2020-02-11 21:22Question 2 [16 points]Research by a team of expert economists has uncovered the consumption and import functions and produced aforecast of planned investment and exports for the economy of Sunny City as reported below:a)What equilibrium real GDP would Sunny City produce?b)What are the marginal propensities to consume and import in Sunny City.
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c)What is the size of the multiplier?

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Term
Winter
Professor
Islam
Tags
Macroeconomics, Lyryx Learning Inc

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