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Business, 14.04.2020 19:31 YODIIZ6590
The following are exogenous (not directly affected by income): G = 11 I = 4 X = M = 0 The consumption function is: C = k + cY, where k = 3, c = 0.8 What is the equilibrium level of GDP? State to ONE decimal place
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The following are exogenous (not directly affected by income): G = 11 I = 4 X = M = 0 The consumptio...
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