[Solved] [National Income Analysis - II] Let the national income model be Y=C+I_0+G_0 C=25+6√Y I_0=16 G_0=14 Find the equilibrium national income
Question: [National Income Analysis - II] Let the national income model be
\(Y=C+{{I}_{0}}+{{G}_{0}}\)
\(C=25+6\sqrt{Y}\)
\({{I}_{0}}=16\)
\({{G}_{0}}=14\)
Find the equilibrium national income Y* and C*.
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