Consider the an economy described by the following equations Y = C+I+G C=Co+MPC YD I=d-e.r YD=Y-T where Y is GDP, I is private investment, G is government's purchases of goods and services, C is private consumption, Yp is the disposable income, T is taxes, MPC is the marginal propensity to consume, Co is the autonomous consumption, and r is the real interest rate. 1. Write down the system of equations in matric form, considering the vector of endogenous variables [Y CIYD]T. 2. Does the system have a unique solution? (Hint: the coefficient matrix is inversible you know how solve the system, right?) 3. Solve the system of equations using the inverse matrix method.

Question 1 Use the numbers below for questions #1-3. Filing Status: Single Total Income: $73, 883 Income Adjustments: $0 Itemized Deductions: $14,239 What is the Adjusted Gross Income for this individual?

13) Property that is titled as “joint tenants” allows for: a. the property to pass outside of the probate process to a surviving joint ownerr b. tenants to remain in a leased property if the lessor dies. c. the decedent’s interest in the property to avoid inclusion in his or her estate for estate tax purposes. d. a distribution to the joint survivor that is recognized as taxable income.

3. ood and most ancilsumammoss ewans oy bouo Seszneuxa anauort at bofovab ed. asa emooni viridnomjorts Carissa wishes to borrow $280,000. Lender A qualifies her for a rate of 4.59% Lender B will give her 3.29% for a 20-year loan. Excluding taxes, amount of the loan payment for each. Round goizuol ont of animosaA to our worl 000 822 over a 30-year and term, all other charges, find the insurance and your answer to the nearest whole dollar.