Question: Given the information below, determine the change in the equilibrium GDP if a 1% increase in the interest rate causes planned investment to fall

Given the information below, determine the change in the equilibrium GDP if

Given the information below, determine the change in the equilibrium GDP if a 1% increase in the interest rate causes planned investment to fall by $100. (Round your answer to a whole number.) Type your response Y=C+I+G C = 300+ 0.6(Y - T) I = 500 G = 700 T = 800+.2Y

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