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Question 2 (30 points) - Topic 2 A closed economy can be described by the long-run classical model: Y = 3K?L1-? C = 18500 +
Question 2 (30 points) - Topic 2 A closed economy can be described by the long-run classical model: Y = 3K?L1-? C = 18500 + 0.75(Y - T) - 500r I(r) = 11700 - 500r Note: r represents the re...
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