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macroeconomics

The table below shows the parameters for the economy of Hutu. Give your answers to one decimal point.

C = 65 + 0.6YXN = 190 − 0.1Y
I = 155G = 240


a. The value of equilibrium income is $  .

b. If exports were to increase by 35, the new value of equilibrium income would be $  .

c. Given your answer in part (b), the new value for XN is $  .

d. Given the equilibrium income in part (a), if full employment income is $1,000, what change in government spending is necessary to move the economy to this level?

Government spending needs to  by $  .



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