Answer To Question #146584 In Economics For Isa - Assignment Expert

107 804 Assignments Done 100% Successfully DoneIn November 2024 Your physics assignments can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result. Physics Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form. Math Our experts will gladly share their knowledge and help you with programming projects. Keep up with the world’s newest programming trends. Programming Answer to Question #146584 in Economics for Isa 2020-11-26T00:41:31-05:00 Answers>Economics>Other Question #146584 Using Cramer's rule, find Y and C in the following systems of equations Y=C+I+G C=25+6Y^(1/2) I=16 G=14 1 Expert's answer 2020-11-27T13:11:49-0500

Y=C+I+G, so:

"Y = 25 + 6Y^{0.5} + 16 + 14,"

"(Y^{0.5})^2 - 6Y^{0.5} - 55 = 0,"

Y1^(0.5) = 11 or Y2^(0.5) = -5,

Y1 = 121, Y2 = 25,

C1 = 25 + 6×11 = 61,

C2 = 25 + 6×(-5) = -5, so this root will not apply.

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