ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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· For an economy the following functions have been given:
C = 100 + 0.8Y
S = -100 + 0.2Y
I= 120 – 5r
M, = 120
Ma = 0.2Y – 5r
Find out (1) IS equation, (2) LM equation,
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Transcribed Image Text:· For an economy the following functions have been given: C = 100 + 0.8Y S = -100 + 0.2Y I= 120 – 5r M, = 120 Ma = 0.2Y – 5r Find out (1) IS equation, (2) LM equation,
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