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Consider a simple macro model with a constant price level and demand-determined output.The equations of the model are: C = 60 + 0.43Y,I = 150,G = 260,T = 0,X = 90,IM = 0.06Y.A national income of 1200 results in desired aggregate expenditure of
Plate Boundaries
The edges where two or more of Earth's tectonic plates meet, often resulting in geological activity such as earthquakes and volcanism.
Divergent Boundary
A tectonic plate boundary where two plates are moving away from each other, often resulting in the creation of new oceanic crust.
Subduction Zone
A region where one tectonic plate moves under another, often causing earthquakes and volcanic activity.
Convergent Boundary
A convergent boundary is a type of tectonic plate boundary where two plates move toward each other, often resulting in mountain building, earthquakes, and volcanic activity.
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