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Author Question: Assuming there is no foreign trade in the economy, the economy is in equilibrium when (Read 56 times)

karen

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  • Posts: 537
on: Apr 19, 2019

Question 1

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 leakages in Canada equal


◦ $1,700.
◦ $1,750.
◦ $1,800.
◦ $2,100.

Question 2

Assuming there is no foreign trade in the economy, the economy is in equilibrium when


◦ S + 
T = 
C + 
I.
◦ I + 
G = 
S + 
T.
◦ IT = 
S + 
G.
◦ G + 
T = 
S + 
I.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by karen on Apr 19, 2019

Heffejeff

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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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karen

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  • Posts: 537
Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review

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Reply 3 on: Yesterday
Excellent

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