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Hi, Could you please help me with this question. Thank you Consider an economy described by the following equations: Equilibrium is found by solving Y

Hi, Could you please help me with this question. Thank you

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Consider an economy described by the following equations: Equilibrium is found by solving Y = C + I + G Y=5000 G=1000 T= 1000 C=250+ .75 (Y-T) 1=1000 25r A. Calculate the equilibrium interest rate for this economy. B. Now suppose that G rises to 1250. Calculate the new equilibrium interest rate. C. Explain in your own words what happened to the economy as it the situation changed from Am B. | Show your work

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