Next, consider an economy with these equations: C = 2060 + 0.85Yd, | = 1420, G = 1220 - 0.02Y, X = 1480, M = 1525, and T = -1198 + 0.17Y

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Chapter9: Aggregate Expenditures
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Next, consider an economy with these equations: C
= 2060 + 0.85Yd, |
= 1420, G = 1220 - 0.02Y, X
= 1480, M = 1525, and T = -1198 + 0.17Y
Transcribed Image Text:Next, consider an economy with these equations: C = 2060 + 0.85Yd, | = 1420, G = 1220 - 0.02Y, X = 1480, M = 1525, and T = -1198 + 0.17Y
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