=+ 2. In the Keynesian cross, assume that the consumption function is given by C = 200

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=+ 2. In the Keynesian cross, assume that the consumption function is given by C = 200 + 0.75 (Y − T ).

Planned investment is 100; government purchases and taxes are both 100.

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Macroeconomics

ISBN: 9781429240024

8th Edition

Authors: N Gregory Mankiw

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