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At the Current Level of Real GDP

Question 17

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At the current level of real GDP,
Sa = $180
Ig = $160
X = $300
M = $280
G = $250
T = $270
(a)What is the size of injections? Leakages?
(b)Is GDP at its equilibrium level? Explain.
(c)What is the unplanned change in inventories? Explain.

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(a)Injections are $710 ($160 + $300 + $2...

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