Short Answer
Use the following data to calculate equilibrium real GDP: C = 0.75Y,I = $2 trillion,G = $1 trillion and NX = -$0.5 trillion.
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Y = 0.75Y + 2 + 1 - ...View Answer
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Correct Answer:
Verified
Y = 0.75Y + 2 + 1 - ...
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
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