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1/(1 - b + bt) (12) And the multiplier times total injections (a + I + G) will give us the equilibrium level of output and income. Multiplier with...

1/(1 - b + bt) (12) And the multiplier times total injections (a + I + G) will give us the equilibrium level of output and income. Multiplier with taxes Given: C = $100 + .8Yd I = $50 G = $350 t = .25 Find: Ye, value of mult., T, Yd, C, & S Does S = I? Why or Why Not?

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