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C a = 25 + 0.75 ( Y - T ) I g = 50 X n = 10 G = 70 T = 30

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Ca= 25 + 0.75 (Y-T)

Ig= 50

Xn= 10

G = 70

T= 30

(Advanced analysis) The accompanying equations are for a mixed open economy. The lettersY,Ca,Ig,Xn,G, andTstand for GDP, consumption, gross investment, net exports, government purchases, and net taxes, respectively. Figures are in billions of dollars. The multiplier for this economy is

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Multiple Choice O 4. O 3 . O 2 . O 2.33

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