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1) Consider the following aggregate Consumption function: C = 300 + 0.65Yd. I = 210 T (Taxes) = 0.25Y. Yd = Y - T The

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1) Consider the following aggregate Consumption function: C = 300 + 0.65Yd. I = 210 T (Taxes) = 0.25Y. Yd = Y - T The Government is currently running a budget deficit of 140. What is the equilibrium level of output? What is the value of C? What is the value of G

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