Question: Consider a simple macro model with a constant price level and demand - determined output. The equations of the model are: Cequals = 1 5
Consider a simple macro model with a constant price level and demanddetermined output. The equations of the model are: CequalsplusY Iequals Gequals Tequals Xequals IMequalsY The marginal propensity to spend on national income, z is Question content area bottom Part A B C D E
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