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
