Question

What is the output of the following?

y = 4
for i in range (y, 15):
-> y = i
print (y)

Answer 1

The question provided does not directly relate to the code snippet but given economic equations can be solved for variable Y by isolating it and solving for its value, such as Y = 3923 in an example with increased investment.

Step-by-step explanation:

The output of the following code snippet:

y = 4
for i in range (y, 15):
y = i
print (y)

is not provided directly, but based on the provided information, we can calculate variable Y in various economic equations. For example, the equilibrium output Y in the face of increased business confidence and investment could be calculated by substituting the tax rate T with 0.3Y, leading to an equation with a single variable. In such equations, after isolating Y on one side and solving, we get the equilibrium output. Here is an example of such calculation:

Y = 140 + 0.9(Y - 0.3Y) + 500 + 800 + 600 - 0.15Y
Y = 2040 +0.48Y
Y - 0.48Y = 2040
0.52Y = 2040
Y = 3923

Using similar steps, you can solve other given equations to find Y.