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Given that, S = -25 + …

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Given that, S = -25 + 0.5y and I = 5,000, find equilibrium Y and equilibrium S.
  • 1 answers

Biju Hazarika 4 years, 9 months ago

1.Y= C+I Y = 25 + 0.5Y + 5000 Y- 0.5Y = 5025 Y( 1- 0.5) = 5025 0.5Y = 5025 Y = 5025/0.5 Y = 10050 2. S = -25+0.5x10050 S = -25 + 5025 S = 5000
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