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Consider the Two- Sector Model $\frac { d Y } { d t } = 0.4 ( C + I - Y )$

Question 10

Multiple Choice

Consider the two- sector model $\frac { d Y } { d t } = 0.4 ( C + I - Y )$
C = 0.6Y + 400
I = 0.8Y + 500
Given that Y(0) = 100, find the value, correct to the nearest whole number, of Y(2.4) .

A) 1,000
B) 1,200
C) 850
D) 950
E) none of the above

Consider the Two- Sector Model dYdt=0.4(C+I−Y)\frac { d Y } { d t } = 0.4 ( C + I - Y )dtdY​=0.4(C+I−Y)

Multiple Choice

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Consider the Two- Sector Model $\frac { d Y } { d t } = 0.4 ( C + I - Y )$

Correct Answer:
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