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Consider the following numerical version of the Keynesian model with a government. C = 1500 + 0.7 Yd I = 2,050 G = 1,250 T

Consider the following numerical version of the Keynesian model with a government.

C = 1500 + 0.7 Yd

I = 2,050

G = 1,250

T = 325,

X = 1500

M = 725

solve for the value of the equilibrium output.

Yd is defined as Y - T.

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