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C = 100 + 0.8Yd - Consumption function I = 10 - 10r- Investment function L = Y - 100r - Real money demand G
C = 100 + 0.8Yd - Consumption function
I = 10 - 10r- Investment function
L = Y - 100r - Real money demand
G =10 - Government purchases
T = 0.25 - Tax rate
MS = 295 - Real money supply
Suppose equilibrium income increases by 200, by how much must real money stock increase for the new level of income to be in equilibrium.
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