SOLUTION: Consider the macroeconomic model defined by a. Show that this system can be written as Ax =b, where. [2 marks] b. Use Cramer’s rule to show that. [3 marks] c.

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: Consider the macroeconomic model defined by a. Show that this system can be written as Ax =b, where. [2 marks] b. Use Cramer’s rule to show that. [3 marks] c.       Log On


   

Question 1169680: Consider the macroeconomic model defined by

a. Show that this system can be written as Ax =b, where. [2 marks]

b. Use Cramer’s rule to show that. [3 marks]

c. Write down the government expenditure multiplier for r. [3 marks]
d. Deduce that the interest rate, r, increases as government expenditure, G*, increases
Answer by ikleyn(52921) About Me  (Show Source):
You can put this solution on YOUR website!
.

Please  LOOK  into  YOUR  POST as it  APPEARS  at the forum.

Let me do not tell more - you will see the size of the  CATASTROFE / DISASTER  by your own eyes.