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Solve the national income model in homework by matrix inversionorby OR by Cramer’s Rule. Y =...

Solve the national income model in homework by matrix inversionorby OR by Cramer’s Rule.

Y = C + I0+ G0+ (X-M)

C = a + b(Y-T+R),  0<b<1

  T = tY,  0<t<1

where R is transfer payments, (X-M) is net exports, and the other variables are as defined in class.

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