AE Equals Y
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You set all the yellow values and orange values. The green values are answers that are automatically updated, set the orange values last.
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Exogenous Variables1/(1-mpc)C*mpc(-T*)I*G*NX*Blue indicates disequilibrium
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C*2400Y-e3.332,400.00-1,050.00500.001,600.00100.00Red indicates equilibrium
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I*500Autonomous Expenditures3,550.00
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G*1600Y-e11,833.33
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X*300Govt Spending Multiplier3.33
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M*200To return to Y* using G, change it by:50.00
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T*1500New value of G1,650.00
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TR*0Tax Multiplier-2.33
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mpc0.7To return to Y* using T, change it by-71.43
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Total Consumption (C)9633.333333New value of T1,428.57
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Potential GDP (Y*)12000At equilibrium (Y-e) output is currently experiencing a(n)
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Natural Rate of Unemployment:5%a recessionary gap of-166.67
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The government is running a budget deficit of:-100Unemployment is above the natural rate.
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Employment is below full employment.
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Okun's Law predicts unemployment of5.69%
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If the value of Y equalled:11,833.33<--If using this 'disequilibrium value', then you should expect to see:
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Then AE equals:11833.33333Output will remain at equilibrium of11,833.33
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Unplanned investment0.00
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Total Investment:500.00
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Sets scale (Ignore)AEAE=Y
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0035500
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0.11,183.334,378.331,183.33
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0.22,366.675,206.672,366.67
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0.33,550.006,035.003,550.00
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0.44,733.336,863.334,733.33
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0.55,916.677,691.675,916.67
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0.67,100.008,520.007,100.00
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0.78,283.339,348.338,283.33
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0.89,466.6710,176.679,466.67
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0.910,650.0011,005.0010,650.00
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111,833.3311,833.3311,833.33
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1.113,016.6712,661.6713,016.67
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1.214,200.0013,490.0014,200.00
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1.315,383.3314,318.3315,383.33
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1.416,566.6715,146.6716,566.67
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1.517,750.0015,975.0017,750.00
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1.618,933.3316,803.3318,933.33
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1.720,116.6717,631.6720,116.67
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1.821,300.0018,460.0021,300.00
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1.922,483.3319,288.3322,483.33
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223,666.6720,116.6723,666.67
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