Quiz_9__Key_ - Quiz 9 Using conventional notation, suppose...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

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 ...
View Full Document

This note was uploaded on 11/11/2011 for the course EC 340 taught by Professor Ballie during the Spring '10 term at Michigan State University.

Ask a homework question - tutors are online