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Clear workings please Short Run (10 points) Suppose our economy is represented by the following equations: Z = C+I + G, C= 400 + 0.4YD,

Clear workings please

Short Run (10 points) Suppose our economy is represented by the following equations: Z = C+I + G, C= 400 + 0.4YD, T= 400, I = 200 + 0.2Y, YD = Y -T, G = 600. Calculate the multiplier of autonomous spending and the equilibrium output this economy

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