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Assume that the economy is at full-employment equilibrium at point A. Illustrate in the following graph the impact of a sudden decline in consumer confidence

Assume that the economy is at full-employment equilibrium at point A. Illustrate in the following graph the impact of a sudden decline in consumer confidence that reduces autonomous consumption by $200 billion at the price level P_F. Assume MPC = 0.5. What is the new equilibrium level of real output?

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