Quiz_9__Key_ - Quiz 9 Using conventional notation suppose...

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Unformatted text preview: Quiz 9 Using conventional notation, suppose the following: 10 100, , 10 200, 300, 400 Solve for the equilibrium value of income and for the equilibrium value of net exports. Show your work. Start with the fundamental relationship between saving, investment, and net exports: 100 10 600 100 10 10 200 2 ⇒ 10 ⇒ 300 400 3,000 100 300 200 ...
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