Consider the Two- Sector Model $\frac { d Y } { d t } = 0.4 ( C + I - Y )$

question 10

Multiple Choice

Consider the two- sector model $\frac { d Y } { d t } = 0.4 ( C + I - Y )$
C = 0.6Y + 400
I = 0.8Y + 500
Given that Y(0) = 100, find the value, correct to the nearest whole number, of Y(2.4) .

• A)1,000
• B)1,200
• C)850
• D)950
• E)none of the above

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Definitions:

Downward Comparison

A comparison of oneself with those who are worse off.

Upward Comparison

A comparison of oneself with those who are better off.

Abstract

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