Consider the following numerical example of the IS-LM model: C = 207 +0.45% /= 150+0.21Y-1,099/ G = 396 T= 317 /= 0.06 Derive the IS relation. (Hint: You want an equation with Y on the left side of the equation and everything else on the right.) Y=- (Round your calculations of the intercept and slope terms to two decimal places.)

Consider the following numerical example of the IS-LM model: C = 207 +0.45% /= 150+0.21Y-1,099/ G = 396 T= 317 /= 0.06 Derive the IS relation. (Hint: You want an equation with Y on the left side of the equation and everything else on the right.) Y=- (Round your calculations of the intercept and slope terms to two decimal places.)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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