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For the next three questions, consider an economy in which citizens consume 80 percent of each additional dollar of income earned.Economic investment totals $16,000, imports
For the next three questions, consider an economy in which citizens consume 80 percent of each additional dollar of income earned.Economic investment totals $16,000, imports are $5000, government purchases (this economy has no transfer payments) total $4000, and exports are $2500.
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