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Consumption Government Real GDP, Y expenditure, C Investment, I expenditure, G Exports, X Imports, M (billions of 2000 (billions of 2000 (billions of 2000 (billions

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Consumption Government Real GDP, Y expenditure, C Investment, I expenditure, G Exports, X Imports, M (billions of 2000 (billions of 2000 (billions of 2000 (billions of 2000 (billions of (billions of dollars) dollars) dollars) dollars) 2000 dollars) 2000 dollars) 200 260 100 100 50 70 400 420 100 100 50 90 600 580 100 100 50 110 800 740 100 100 50 130 900 100 100 50 150 1,20D 1,060 100 100 50 170 1,400 1,220 100 100 50 190 1,600 1,380 100 100 50 210 1,800 1,540 100 100 50 230 The above table gives information for the nation of East Hampton. Find aggregate planned expenditure for each level of real GDP. What is the MPC? What is the equilibrium level of real GDP

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