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C-3,600+(MPC)Y 1-1,200 G-1,400 NX=-200 If the equilibrium level of GDP is $30,000, using the equations for C, I, G, and NX shown above, find
C-3,600+(MPC)Y 1-1,200 G-1,400 NX=-200 If the equilibrium level of GDP is $30,000, using the equations for C, I, G, and NX shown above, find the value of the marginal propensity to consume. Use the editor to format your answer
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Economics Today
Authors: Roger LeRoy Miller
16th edition
132554615, 978-0132554619
