Essay
Solve these equations for the equilibrium values of C, I, NX, CF, r, and . (Hint: Substitute equations (9) and (1) into (3), then substitute (1), (3), (4), (8), and (5) into (2). Then substitute (5) and (6) into (7). Now you have two equations in r and . Check your work by seeing that all of these equations balance given your answers.)
Correct Answer:

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c = 2,000; I = 1,750...View Answer
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Correct Answer:
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