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Given that C=120+0.8Yd, T=0.25Y, I=50, G=200 a) Calculate national income output (Y) (5 Marks) b) Calculate the amount of Tax collected (5 Marks)

Given that C=120+0.8Yd, T=0.25Y, I=50, G=200

a) Calculate national income output (Y) (5 Marks)

b) Calculate the amount of Tax collected (5 Marks)

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