SOLUTION: The equation below is for short-run equilibrium output for economics, I get how to solve for the first part of the equation and I come up with 3.33, I just don't get the second par

Algebra ->  Algebra  -> Expressions -> SOLUTION: The equation below is for short-run equilibrium output for economics, I get how to solve for the first part of the equation and I come up with 3.33, I just don't get the second par      Log On

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Question 22318: The equation below is for short-run equilibrium output for economics, I get how to solve for the first part of the equation and I come up with 3.33, I just don't get the second part of the equation, the 1800, when entering the formula with parenthesis, I come up with (-580)
Y=(1/(1-0.7)[820-0.7(600+600+600+200)]= 3.33 x 1,800=6,000
Answer by stanbon(48538) About Me  (Show Source):
You can put this solution on YOUR website!
I don't get 1800 either; I get 820-1400=-580. Multiplying by
.333... I get 193.333....
Cheers,
Stan H.