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Consider the following behavioural equations that describe the goods market in a closed economy: c=C0+C1YD YD=YT T=tY where C is consumption, YD disposable income, Y

Consider the following behavioural equations that describe the goods market in a closed economy: c=C0+C1YD YD=YT T=tY where C is consumption, YD disposable income, Y income and T taxes. The remaining exogenously given parameters are: l:0 > 0 is the autonomous part of consumption, 0

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