GCSE Maths - What on Earth is y = mx + c #67

Solved 1. A Keynesian income determination model of an open

SOLVED: 2. Given that: Y=C+I+G+(X-M) C=ca+c1 Yd ( Hint Yα=Y-T) T=T0+t Y M=M0+m Y (a) Find the equilibrium level of GDP (b) If C=100+0.60 Yj and imagine the investors spent $ 4000

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