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essential questions You are given the following information about a closed economy: GDP -Y =$700M: govt transfer payments =$0 ; Taxes(T) = $210M: budget surplus

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You are given the following information about a closed economy: GDP -Y =$700M: govt transfer payments =$0 ; Taxes(T) = $210M: budget surplus =$60M and Investment(1) = $100. What is the sum of consumption(C) and government expenditures(G)

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