1. Given the following information about the markets of an economy:
(Yd: disposable income, r: interest rate, in %) Y: income, C: consumption I: investment, G: government expenditure, T: tax )
申論題內容
(2) Suppose the government takes a contractionary fiscal policy by decreasing $80 of its expenditure. What are the new equilibrium output and interest rate?
Draw a graph to show the change. (10 分)