from this weeks tute...
Assume that the following equations describe the indonesian economy:
Yt = C + I + G
C = 220 + 0.63Yt
I = 900 + 0.2(Yt - Yt-1)
G = 1200
Obtain a single expression for equalibrium income Y*
i got down to...
0.17Yt = 2320 - 0.2Yt-1
and dont know what to do...