An economy is described by the following equations: C 5 40 1 0.8(Y 2 T) Ip 5

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An economy is described by the following equations:

C 5 40 1 0.8(Y 2 T)

Ip 5 70 G 5 120 NX 5 10 T 5 150 Y* 5 580 The multiplier in this economy is

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Principles Of Macroeconomics

ISBN: 9781259414367

6th Edition

Authors: Robert Frank, Ben Bernanke, Kate Antonovics

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