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Consumpt… Show more Hello, I’m trying to figure out the si

Paper help Economics Consumpt… Show more Hello, I’m trying to figure out the si

Economics

Consumpt… Show more Hello, I’m trying to figure out the si

Consumpt… Show more Hello, I’m trying to figure out the size of a trade deficit/surplus on a homework question. Consumption =$200 billion, MPC=0.8, Investment=$50 billion, Taxes=$40 billion, Gov’t spending=$40 billion, and Exports=$80 billion. Using the Import finction M=0.1 Yd, how do I calculate to find out if I have a trade deficit or surplus? • Show less

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