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Ig = 80

Question 79

Multiple Choice

Ig = 80
SA=−80 + 0.4Y
(Advanced analysis) The equations refer to a private closed economy, where Ig is gross investment, S
Is saving, and Y is gross domestic product (GDP) . In equilibrium, consumption will be


A) $400.
B) $280.
C) $320.
D) $360.

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