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10% (*) 5% (rº) 3% (D¹) S,I Decrease of G →→$' I 80 100 120 More Surplus International Col S,I

10% (*) 5% (rº) 3% (D¹) S,I Decrease of G →→$' I 80 100 120 More Surplus International Col S,I

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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AG AT HOME Before, trade surplus is S-1=100-80=20. After increase G, reduce the surplus to S-1= 90-80=10. 10% (*) ↑ D₁ I 5% (rº) I I I I Decrease of G 10% (*) 5% (rº) ↓ 3% (D¹) S,I 80 100 120 Less Surplus More Surplus Open Economy Before, trade surplus is S-1=100-80=20. After decrease G, increase the surplus to S-I=120-80=40. 10% (r*) 5% (rº) ↓ 3% (D¹) S,I S,I 100 120 More Surplus This topic is Open Economy from the subject of Macroeconomics. I need help with the second question or the graph where I circled red, I need a full solution on how to calculate it and some explanation of what happens when G decreases. Thank you. I 1 80 90 100 Mahidol Univers International Colleg 80 S,I
Transcribed Image Text:AG AT HOME Before, trade surplus is S-1=100-80=20. After increase G, reduce the surplus to S-1= 90-80=10. 10% (*) ↑ D₁ I 5% (rº) I I I I Decrease of G 10% (*) 5% (rº) ↓ 3% (D¹) S,I 80 100 120 Less Surplus More Surplus Open Economy Before, trade surplus is S-1=100-80=20. After decrease G, increase the surplus to S-I=120-80=40. 10% (r*) 5% (rº) ↓ 3% (D¹) S,I S,I 100 120 More Surplus This topic is Open Economy from the subject of Macroeconomics. I need help with the second question or the graph where I circled red, I need a full solution on how to calculate it and some explanation of what happens when G decreases. Thank you. I 1 80 90 100 Mahidol Univers International Colleg 80 S,I
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