Let the national income model be: Y C+lo+Go, 0=1000, C 30+0.6(YT), Go=1400, T=100+ 0.3Y, where Y is the national income, C is the consumption expenditure, / is the investment, G is the government expenditure and lastly T represents the taxes.Solve for Y, C and T using GNU Octave by first rewriting the formula in the form Ax = b and also determine the inverse of matrix A.

In the dynamic model, there is a government that imposes lump-sum taxes on the household and spends. The consumption demand function in period 1 is CP = 0.2(Y1 + (Y2/R) – T1 – (T2/R)) - and the consumption demand function in period 2 is C2 = 0.8(RY1 + Y2 – RT1 – T2). - We have Y1 = 100, Y2 = 180, G1 = 20, G2 = 12, R = 1.2. If the government has a balanced budget each period, the equilibrium level of household consumption in period 1 equals 44. What is the equilibrium level of household consumption in period 1 if the government does not change its spending but it changes taxes so that it has a deficit instead of having a balanced budget in the first period? 44 100 120 80

Let the national-income model be: Y = C + I0 + G C= a+b +b(Y - T)  (a > 0, 0 < b < 1) G = gY  (0 < g < 1) Consider the national-income model found above. Provide a general equilibrium solution for each endogenous variable (Y, C, G) as a formula of the parameters given. Create a numerical example by selecting and justifying a set of parameters that are close to real estimates for the US economy of $19 trillion GDP.

Give typing answer with explanation and conclusion  Now let's keep the same model, but instead of having government spending (G) as a given number, I am asking you to calculate the amount of government spending that will make Y = 3000. Remember, the other parameters are as follows: a = 125 MPC = 0.75 I = 275 NE = 100