Given following information about an economy.
C = 100 + .9 Yd
T = 100 + .2 t
I = 50 – 10 r
G = 200
NX = -200
Demand for Money = 10 Y – 153.5 r
Money Supply = 100
Answer following 7 questions:
The multiplier for this economy is:
Choose One
2.5
4
3.57
3