Given that G = 50 I = 40 C = 0.75Y d + 45 T = 0.2Y

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Given that
G = 50
I = 40
C = 0.75Y_d + 45
T = 0.2Y + 80
calculate the equilibrium level of national income.

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Related Book For answer-question

Mathematics for Economics and Business

ISBN: 978-1292191669

9th edition

Authors: Ian Jacques

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Question Posted: Apr 18, 2019 08:45 AM

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Given that G = 50 I = 40 C = 0.75Y d + 45 T = 0.2Y

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YCIG Y075 454050 Y075 135 Now YYT...View the full answer

Mathematics for Economics and Business

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