Check Amswer

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Sia
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Check Amswer

Sia


Is the answer i) 1424 ii) 106
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Re: Check Amswer

Abhitesh
Please share steps. That will be helpful.
Given the data Y should be multiple of 10. I am getting 1040 for first part.
Y1 = c1*Y1 + I1 - m1*Y1
=>Y1 = I1/(1-c1+m1)
Y2 = c2*Y2 + I2
=> Y2 = I2/(1-c2)
Y1 = 800 => I1 = 800*(1-0.8+0.4) = 480
=>I2 = I-I1 = 120
=> Y2 = 240
So Y= Y1+Y2 = 800+240 = 1040