Lab 3 (Question 2) _ Lyryx Learning Inc.pdf - 2/3/2021 Lab...

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2/3/2021Lab 3 (Question 2) ~ Lyryx Learning IncPrintPreferencesHelpLab 3 (Question 2)Name:Dennis EmondDate:2021-02-03 13:34You have exceeded the number of allowed attempts for this lab.Question 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, Lyryx Learning Inc

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