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May you please respond, with an explanation as well, thanks 12. Suppose autonomous expenditure is 230 and induced expenditure is 0.6Y. What is the equi-

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May you please respond, with an explanation as well, thanks

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12. Suppose autonomous expenditure is 230 and induced expenditure is 0.6Y. What is the equi- librium Y? (a) $600 (b) $575 (c) $625 (d) $700

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