Business, 14.04.2020 19:58 21marmong

For the following economy, find autonomous expenditure, the multiplier, short-run equilibrium output, and the output gap. By how much would autonomous expenditure have to change to eliminate the output gap? C = 3,000 + 0.5 (Y – T ) I p = 1,500 G = 2,500 NX = 200 T = 2,000 Y* = 12,000 Instruction: Enter your responses as integer values. Autonomous expenditure: . Multiplier: . Short-run equilibrium output: . Output gap: . Autonomous expenditure would need to by to eliminate the output gap.

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For the following economy, find autonomous expenditure, the multiplier, short-run equilibrium output...

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