Country 1
Country 2
where
is GDP, 
is
consumption, 
is investment,
is exports, and 
is imports. The subcriptsrefer to Country 1 and Country 2.
Note:
and 
1. Derive the multiplier for
on 
.2. Explain the economics in words.
Two country world
Country 1
Country 2
where
is GDP, is
consumption,
is investment,
is exports, and
is imports. The subcripts
refer to Country 1 and Country 2.
Note:
and
1. Derive the multiplier for
on .
2. Explain the economics in words.