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An economy is described by the following equations C = 150 +0.5(Y-T) T= 140 1 = 80 G = 145 NX = 10 Y* =

An economy is described by the following equations C = 150 +0.5(Y-T) T= 140 1 = 80 G = 145 NX = 10 Y* = 600 Find the output gap. O-20 O 15 30 0 -15

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