=+ 2. Consider an economy described by the following equations: Y = C + I + G
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=+ 2. 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 − 50r, NX = 500 − 500, r = r∗ = 5.
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