The following equations describe an economy. (Think ofC,I,G, etc., as being measured in billions andias a percentage; a 5 percent interest rate impliesi=5.) \[ \begin{aligned} C & =0.8(1-t) Y \\ t & =0.25 \\ I & =900-50 i \\ \bar{G} & =800 \\ L & =0.25 Y-62.5 i \\ \bar{M} / \bar{P} & =500 \end{aligned} \]

Consider this economy:C = 100 + 0.5YI = 400 + 0.1Y

Consider an economy with the following equations𝑌 =𝐶 + 𝐼 +𝐺 +𝑁𝑋𝑌 = 5,000𝐺 =1,250𝑇 =1,000𝐶 =100 +0.85*(𝑌 -𝑇)𝐼 = 1,000 - 5,000𝑟𝑁𝑋 = 300 - 500𝜀𝑟=𝑟∗ =0.05Note that 𝑟 and 𝑟* are denoted as fractions. For example, 𝑟 = 𝑟* =0.05 means the domestic real interest rate equals the world real interest rate of 5%.Solve for the trade balance.

Consider the following economy:(1) C = 1000 + 0.3 (Y - T)(2) I = 700(3) G = 500(4) T = 400Autonomous spending is:

An economy's ______ equals its ______.

According to the quantity equation, if velocity and real GDP are constant and the Reserve Bank increases the money supply by 5%, then the price level:Group of answer choicesis also constantdecreases by 10%increases by 5%decreases by 5%