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Author Question: The Canadian economy can be characterized by Equation 24.2. EQUATION 24.2: C= 500 + 0.5 Yd Taxes = ... (Read 22 times)

ghost!

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on: Apr 19, 2019

Question 1

The Italian economy can be characterized by Equation 24.1.



EQUATION 24.1:




C = 300 + 0.8
Yd 


G = 400


T = 200


I = 200





Refer to Equation 24.1. At the equilibrium level of output in Italy, leakages equal


◦ $600.
◦ $650.
◦ $700.
◦ $750.

Question 2

The Canadian economy can be characterized by Equation 24.2.



EQUATION 24.2:




C = 500 + 0.5
Yd

Taxes = 600

Equilibrium Output = $4,000





Refer to Equation 24.2. At equilibrium, the sum of investment and government purchases in Canada is


◦ $1,800.
◦ $1,750.
◦ $1,500.
◦ cannot be determined from the given information.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by ghost! on Apr 19, 2019

nothere

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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ghost!

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

meganmoser117

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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