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Assume that the following formulas identify the IS and MP curves for the short-run economy of Alabama. Y = 150.2 - 20.09* r Y =
Assume that the following formulas identify the IS and MP curves for the short-run economy of Alabama.
Y = 150.2 - 20.09*r
Y = -200.69 + 10.5*r
Please solve for the short-run equilibrium level of real GDP and show complete work
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