ECON203 - Lab3Q2.pdf - 11/18/2020 Lab 3 (Question 2) ~...

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11/18/2020Lab 3 (Question 2) ~ Lyryx Learning IncPrintPreferencesHelpLab 3 (Question 2)Name:Samuel ChamberlandDate:2020-10-18 22:45Question 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 Happydale as reported below:a)What equilibrium real GDP would Happydale produce?b)What are the marginal propensities to consume and import in Happydale.
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c)What is the size of the multiplier?

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Term
Winter
Professor
Islam
Tags
Macroeconomics, Decimal, Lyryx Learning Inc

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