Re: jnu 2010

Posted by econ14 on Mar 07, 2014; 11:59am
URL: http://discussion-forum.276.s1.nabble.com/jnu-2010-tp7561215p7585107.html

@ JAYDEE as we write our is equation as y=  c+ I + G and when we solve it we get some thing like-
y(1-c(1-t) ) = barA - bi
and we get multiplier as 1/ 1-c(1-t). this is why we divide by .405