Practice: Use the following information to solve for macroeconomic equilibrium (T is a lump-sum tax):

C = 1,500 + 0.75(Y-T)

I = 3,400

G = 2,600 + T

X = 750

M = 2,000

T = 500

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Subjects

Sections | |||
---|---|---|---|

Aggregate Expenditures Model and Macroeconomic Equilibrium | 17 mins | 0 completed | Learn |

AE Model: Graphing Macroeconomic Equilibrium | 13 mins | 0 completed | Learn |

AE Model: Private Closed Economy | 6 mins | 0 completed | Learn |

AE Model: Private Open Economy | 6 mins | 0 completed | Learn |

AE Model and the Multiplier | 12 mins | 0 completed | Learn |

AE Model: Components | 8 mins | 0 completed | Learn |

AE Model: Algebraic Approach | 13 mins | 0 completed | Learn |

Deriving the Multiplier Algebraically | 7 mins | 0 completed | Learn |

Concept #1: Algebraic Approach to the AE Model

Example #1: Aggregate Expenditures

Practice: Use the following information to solve for macroeconomic equilibrium (T is a lump-sum tax):

C = 1,500 + 0.75(Y-T)

I = 3,400

G = 2,600 + T

X = 750

M = 2,000

T = 500

0 of 3 completed

Concept #1: Algebraic Approach to the AE Model

Example #1: Aggregate Expenditures

Practice #1: Aggregate Expenditures

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