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Mathematics, 28.05.2021 14:40 adhitrfbvg
consider the export or import X=1000-20E+0.2Yf, M=450+10E+0.15Yd, X=M, where X represents export, M represent import, E represents the exchange rate, Yf represents foreign incom, and Yd represents domestic income. the exogenous variable include Yf &Yd and the endogenous variables are X, M and E. set this up as a system of equation, and solve this system by finding the the inverse of the matrix of parameters?โ
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consider the export or import X=1000-20E+0.2Yf, M=450+10E+0.15Yd, X=M, where X represents export, M...
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