# algebra

posted by
**Matrices** on
.

7. A closed economy is described by the following simple IS-LM system:

C = a + b(1 – t)Y – dR

I = I

G = G

L = kY – hR

posted by
**Matrices** on
.

7. A closed economy is described by the following simple IS-LM system:

C = a + b(1 – t)Y – dR

I = I

G = G

L = kY – hR