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Quick Question

  • 11-05-2013 11:04pm
    #1
    dforde
    Registered Users Posts: 15 ✭


    I have been given this question to do but don't have the slightest clue how to do it... any help would be great!

    An economy is specified by the equation:

    C= 516+0.75 d (Consumption expenditure)
    T= 72(Lump sum direct taxation)
    I= 120 (investment expentiure)
    G=80 (governent spending on g+s)

    Find the Equilibrium?


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