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y = mx + c - Equation, Formula, Examples

SOLVED: 2. Given that: Y=C+I+G+(X-M) C=ca+c1 Yd ( Hint Yα=Y-T) T=T0+t Y M=M0+m Y (a) Find the equilibrium level of GDP (b) If C=100+0.60 Yj and imagine the investors spent $ 4000

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AD = C + I + G + (X – M)

y = mx + b - What is Meaning of y = mx + b, How to Find Slope and Y -intercept

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