The following equations describe the economy: X = 200 IM = 0.12Y T = 0.2Y C...

 

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The following equations describe the economy: X = 200 IM = 0.12Y T = 0.2Y C = 150+ 0.9Yd I = 150 G = 250 In equilibrium GDP is equal to a) 750 O b) b) 7,500 O c) d) 3,000 1,875 The following equations describe the economy: X = 200 IM = 0.12Y T = 0.2Y C = 150+ 0.9Yd I = 150 G = 250 In equilibrium GDP is equal to a) 750 O b) b) 7,500 O c) d) 3,000 1,875

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Given X 200 IM 012Y T 02Y C 150 09Yd I 150 G 250 T... View the full answer