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An Economy Has Full-Employment Output of 5000

question 85

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An economy has full-employment output of 5000.Government purchases are 1000.Desired consumption and desired investment are given by
Cᵈ = 3000 - 2000r + .10Y
Iᵈ = 1000 - 4000r
Where Y is output and r is the real interest rate.The real interest rate that clears the goods market is equal to

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Closing Section

The final part of a document or communication that summarizes the content and may offer next steps or a call to action.

Business Report

A formal document that presents information and analysis to assist in decision-making within a business context.

Key Points

The most important or central ideas, facts, or pieces of information relating to a topic or discussion.

Methods and Approaches

Methods and approaches refer to the systematic techniques and strategies used to achieve a specific goal or solve a problem.

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