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Consider the Following Macro Model with Demand- Determined Output: C

question 20

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Consider the following macro model with demand- determined output: C = 150 + 0.9Yd, Yd= 0.8Y, I = 400, G = 700, T = (0.2) Y, X = 130, IM = (0.08) Y. Equilibrium national income is


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