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Author Question: Which of the following equations does NOT state a condition required for equilibrium output:? A) ... (Read 34 times)

nenivikky

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on: Jun 30, 2018
Which of the following equations does NOT state a condition required for equilibrium output:?
 
  A) Y = C(Yd) + I + G + CA(EP/P,Yd)
  B) Y = C(Y - T) + I + G + CA(EP/P,Y - T)
  C) Y = D(EP/P,Y - T,I,G)
  D) R = R + (EP/E)
  E) Y = D(EP/P,Yd,I,G)

Question 2

The welfare effects of quotas depend, to some extent, on who has the right to import the quota restricted goods.
 
  Indicate whether the statement is true or false


chevyboi1976

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

TRUE


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nenivikky

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Reply #2 on: Jun 30, 2018
Thank you :)


chevyboi1976

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Reply #3 on: Jun 30, 2018
Happy to help you


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