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Consider the following information describing an economy withdemand-determined output. There is no government or foreign trade. 1. the equilibrium condition is Y = C +

Consider the following information describing an economy withdemand-determined output. There is no government or foreign trade.

1.

the equilibrium condition is Y=C+I

2.

the marginal propensity to save=0.20

3.

the autonomous part of C is $64

4.

investment is autonomous and equals $45

The equilibrium level of national income is

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