Question: C = 5 0 0 + 0 . 5 0 Y Consumption function I = 1 comma 5 0 0 Planned investment function G =

C=500+0.50Y
Consumption function
I =1 comma 500
Planned investment function
G=2 comma 000
Government spending function
NX= negative 100
Net export function
Y=C+ I +G+NX
Equilibrium condition
Part 2
The equilibrium level ofGDPis

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