TE 45° TE2=C+I2+G+(X-IM) TE:=C+I+G+(X-IM) I=100 Y1 Ya

Microeconomic Theory
12th Edition
ISBN:9781337517942
Author:NICHOLSON
Publisher:NICHOLSON
Chapter2: Mathematics For Microeconomics
Section: Chapter Questions
Problem 2.4P
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100%
Figure 9.1
TE
45°
TE2=C+I2+G+(X-IM)
TE=C+I+G+(X-IM)
AI-100
Y1
Y2
In Figure 9.1 assume an MPC of 0.8. Due to a $100 increase in investment, income increases by:
$100
$800
$500
O $1,000
Transcribed Image Text:Figure 9.1 TE 45° TE2=C+I2+G+(X-IM) TE=C+I+G+(X-IM) AI-100 Y1 Y2 In Figure 9.1 assume an MPC of 0.8. Due to a $100 increase in investment, income increases by: $100 $800 $500 O $1,000
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