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Question 1 4 ( 1 point ) Suppose the economy is described by the following: = 5 0 + 0 . 8 ( Y -

Question 14(1 point)
Suppose the economy is described by the following:
=50+0.8(Y-T)
Ip=200
G=100
T=100
The government is running a
balanced budget
budget surplus
budget deficit
insufficient information to decide
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