SELECT * FROM question_mgmt as q WHERE id=5455 AND status=1 SELECT id,question_no,question,chapter FROM question_mgmt as q WHERE courseId=3 AND subId=59 AND chapterId=607 and ex_no='1' AND status=1 ORDER BY CAST(question_no AS UNSIGNED)

Question:

In the above example, if exports change to X = 100, find the change in equilibrium income and the net export balance.

Answer:

C = 40 + 0.8 YD
T = 50
I = 60
G = 40
X = 100
M = 50 + 0.05Y 

Equilibrium income (Y)

Net export balance NX = X - M - 0.05Y

= 100 - 50 - 0.05 × 600
= 50 - 0.05 × 60
= 50 - 30 = 20


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