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(a) Consider a closed economy whose desired savings (S) and desired investment (1) are given by the following expressions: 72 11 100+600r 170-400 wherer

(a) Consider a closed economy whose desired savings (S) and desired investment (1) are given by the following

(a) Consider a closed economy whose desired savings (S) and desired investment (1) are given by the following expressions: 72 11 100+600r 170-400 wherer denotes the real interest rate Find the equilibrium in the Goods market for this economy, and represent it in a graph

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