Given the equilibrium income in part (a), if full employment income is $1,200, what change in government spending is ne move the economy to this level?

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Please answer letter D.
The table below shows the parameters for the economy of Hutu. Give your answers to one decimal point.
C-80 +0.75Y
XN 250 0.15Y
I 160
G240
a. The value of equilibrium income is $
1.825
b. If exports were to increase by 96, the new value of equilibrium income would be $2,065
c. Given your answer in part (b), the new value for XN is $ 36.25
d. Given the equilibrium income in part (a), if full employment income is $1,200, what change in government spending is necessary to
move the economy to this level?
Government spending needs to (Click to select) by $
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Transcribed Image Text:The table below shows the parameters for the economy of Hutu. Give your answers to one decimal point. C-80 +0.75Y XN 250 0.15Y I 160 G240 a. The value of equilibrium income is $ 1.825 b. If exports were to increase by 96, the new value of equilibrium income would be $2,065 c. Given your answer in part (b), the new value for XN is $ 36.25 d. Given the equilibrium income in part (a), if full employment income is $1,200, what change in government spending is necessary to move the economy to this level? Government spending needs to (Click to select) by $ < Prev O Search 10 of 18 SAMSUNG Next >
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