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Author Question: The Peruvian economy can be characterized by Equation 24.4. EQUATION 24.4: C= 400 + 0.6 Yd Taxes = ... (Read 44 times)

@Brianna17

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Question 1

The Peruvian economy can be characterized by Equation 24.4.



EQUATION 24.4:




C = 400 + 0.6
Yd

Taxes = 600

Equilibrium Output = $4,000





Refer to Equation 24.4. At equilibrium, saving in Peru equals


◦ 960.
◦ 1,440.
◦ 1,560.
◦ 2,040.

Question 2

The Peruvian economy can be characterized by Equation 24.4.



EQUATION 24.4:




C = 400 + 0.6
Yd

Taxes = 600

Equilibrium Output = $4,000





Refer to Equation 24.4. At equilibrium, leakages in Peru equal


◦ 2,040.
◦ 1,560.
◦ 1,440.
◦ 960.


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Marked as best answer by @Brianna17 on Apr 19, 2019

mcomstock09

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@Brianna17

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


kilada

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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