Determine the equilibrium value of gdp


Question: Suppose C = 500, Sp = 120, G = 150, T = 260, TR= 30, I = 220, X = 100, IM = 120

(i) Determine the equilibrium value of GDP

(ii) Explain the financing of total investment in the economy

(iii) Complete the National Accounting Matrix given below

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Macroeconomics: Determine the equilibrium value of gdp
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