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Assume the following economy: Autonomous Consumption = 10,000; Marginal Propensity to Consume = 0.8; Business Investment = 30,000 Find the equilibrium size of income Y

Assume the following economy: Autonomous Consumption = 10,000; Marginal Propensity to Consume = 0.8; Business Investment = 30,000

Find the equilibrium size of income Y and the size of the Multiplier of Business Investment.

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