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In a closed economy w ith no gov ernment tax es, the below Key nesian model is giv en as follow s: Planned Aggregate Inv

In a closed economy w ith no gov ernment tax es, the below Key nesian model is giv en as follow s: Planned Aggregate Inv estment= 20, Gov ernment Spending=10

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200 45 degree line Planned Aggregate Spending (in billions of dollars) 180 160 140 120 Planned AE 100 80 60 400 20 0 20 40 60 80 100 120 140 160 180 200 Real GDP (in billions of dollars)

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