Consider the following modeli) C = 1500 + mpc (Y – tY)ii) I = 800iii) G = 500iv) X – M = 500 – mpi (Y)where:t = the (flat) tax ratempc = the marginal propensity to consumempi = the marginal propensity to importsuppose mpc = .80, t = .25, mpi = .2 Given the informationRead more about We can work on Econ 104 homework 6 answer (penn state university)[…]

ECON 104 Homework 1 Answer (Penn State University) in 2 examples (2019 and 2018) SEE BELOW: EXAMPLE 1: Part 1: 20 questions worth 3 points each for a total of 60 points.   FOR FILL-IN-THE-BLANK questions: If your answer is in decimal form, round to 2 decimal places. For example, if your answer is .412, enterRead more about We can work on Econ 104 homework 1 answer (penn state university)[…]