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Please EXPLAIN and solve EACH / ALL part(s) in Question #1 ! Please do NOT ROUND ! DOUBLE CHECK YOUR WORK AND ANSWER(S) . I

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PleaseEXPLAINand solveEACH/ALLpart(s) inQuestion #1!

Please doNOTROUND!

DOUBLECHECKYOURWORKANDANSWER(S).

I AMNEWTO MACRO-ECONOMICS! I AM A COMPLETENEWBIE!

image text in transcribed
I Question 1 1 pts An economy Alpha has the following characteristics: C: 300 + 0.8(YT) T=0.3Y |=200 G=1000 X=500 M=O.2Y Find the equilibrium output/Y. Hint: See Video 2 for an example. Refer to Work It Out section in 'Need to Know from Appendix B'. 0 1,280 0 3,125 0 2,750 0 2,460

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