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Assume consumption is represented by the following: C= $400+ 0.5 Y. Also assume that planned Investment (1) equals $100. the level of Income that occurs

Assume consumption is represented by the following: C= $400+ 0.5 Y. Also assume that planned Investment (1) equals $100. the level of Income that occurs at the equilibrium is Select one: a. $1000 Ob. $500 O c. $150 d. $100 Expansion is the period in the business cycle from a trough up to a ........... during which output and employment growimage text in transcribed

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