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An economy is described using the following equations: C = 120+ 0.2 (Y - T) 1 = 200 G = 70 NX = -50 T
An economy is described using the following equations: C = 120+ 0.2 (Y - T) 1 = 200 G = 70 NX = -50 T = 100 Y* = 375 Find the total level of unemployment at Y. O 1.66% O 3.33% 6.66% O 8.13% O 1.87%
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