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According to one national statistics office, this year's gross production was 60. The consumption and investment functions are respectively C =0.5( - ) + 5,
According to one national statistics office, this year's gross production was 60. The consumption and investment functions are respectively
C =0.5( - ) + 5, = 40 - 1000, and = 10, = 10, and = 0. The (real) equilibrium of the country in the long-run equilibrium is What is the (real) rate of interest r for this country in long-run equilibrium?
A. 1
B. 0.1
C. 0.01
D. 0.02
detailed calculation process plz.Thank you
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