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1. Given an economy characterized by the following data Ype=700 C=10+0.75Y 1-60 G=50 Calculate equilibrium income, underemployment consumption. Estimate the value of the public
1. Given an economy characterized by the following data Ype=700 C=10+0.75Y 1-60 G=50 Calculate equilibrium income, underemployment consumption. Estimate the value of the public expenditures that the government must incur in order to reach full income
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