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Output and Consumption (in millions of dollars) Real GDP (Y) 34 Consumption (C) 26 Gross Investment (1) 7 19 Government Purchases (G) 7 Net Exports

Output and Consumption (in millions of dollars) Real GDP (Y) 34 Consumption (C) 26 Gross Investment (1) 7 19 Government Purchases (G) 7 Net Exports (NX) -6 What is the equilibrium level of ouput

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