Consider an economy described by the following equations: Aggregate consumption: C = 400 + 0.2(Y -T);...

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Consider an economy described by the following equations: Y = C + I + G + NX, Y = 5,000, G = 1,000, T = 1,000, C = 250 + 0.75(Y T), I = 1,000 50 r, NX = 500 500 e, r = r * = 5. a. In this economy,...
Consider an economy described by the following equations: Y = C + I + G, Y = 5,000, G = 1,000, T = 1,000, C = 250 + 0.75(Y T), I = 1,000 50 r. a. In this economy, compute private saving, public...
Consider an economy described by the following: C = $3.25 trillion I = $1.3 trillion G = $3.5 trillion T = $3.0 trillion NX = -$1.0 trillion f = 1 mpc = 0.75 d = 0.3 x = 0.1 a. Calculate simplified...
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