1. Business
  2. Economics
  3. income y consumption c investment expenditures i government expenditures g...

Question: income y consumption c investment expenditures i government expenditures g...

Question details

Income (Y)

Consumption (C)

Investment Expenditures (I)

Government Expenditures (G)

Net Export Expenditures (NX)

Aggregate Expenditures (AE)

$8000

12400

2000

3000

-1000

10000

14000

2000

3000

-1000

14000

17200

2000

3000

-1000

20000

22000

2000

3000

-1000

30000

30000

2000

3000

-1000

50000

46000

2000

3000

-1000

80000

70000

2000

3000

-1000

d.) If the government wants to increase the same amount of increased in equilibrium level of income through tax cuts, the government should decrease taxes by how much amount ?

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution