Find equation link planned aggregate expenditure to output


An economy is described by the following equations:

C = 1,800 + 0.6 (Y-T)
IP = 900
G = 1,500
NX = 100
T = 1,500
Y* = 9,000

a. Find a numerical equation linking planned aggregate expenditure to output.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Find equation link planned aggregate expenditure to output
Reference No:- TGS068339

Expected delivery within 24 Hours