Lab 3 (Question 2) _ Lyryx Learning Inc.pdf - Lab...

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11/02/2020 Lab 3 (Question 2) ~ Lyryx Learning Inc Print Preferences Help Lab 3 (Question 2) Name: Tévida Lim-Gélinas Date: 2020-02-11 21:22 Question 2 [16 points] Research by a team of expert economists has uncovered the consumption and import functions and produced a forecast 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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