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(1) R = C + I + G+ A-B (2) C = 0.7 (R-T) + 100 (3) B = 0.2 R + 20
R = domestic/national product C = private consumption G = Public consumption and investment T = Net taxes I = Private investment A = Exports B = Import
a) Show graphically and by calculation that the domestic/national product in macroeconomic equilibrium is equal to 1400 when G = 200, T = 200, N = 250 and A = 310
what dose the average bid man gets (in a year, how much is the starting pay for a bin man, what is the top pay for a bin man and what is the main employers for bin men? :)