Question

At the current level of real GDP, Saving (S) = 190 Gross Investment (Ig) = 90...

At the current level of real GDP,

Saving (S) = 190

Gross Investment (Ig) = 90

Export (X) = 280

Import (M) = 190

Gov. Spending (G) = 320

Tax (T) = 205

(a) What is the size of injections? ____________ Leakages? ____________

(b) Is GDP at its equilibrium level? Yes=1, No=2

   ____________

(c) What is the unplanned change in inventories? ____________

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