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Questo 21 29. Not yet answered Marked out of 1.00 Consider the following Macro model: GDP=Y=C+Gl+GP+NX C=120+0,80Y, G./-80 G.P=60 Tax=100 NX-20 Yd = Y-T What

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Questo 21 29. Not yet answered Marked out of 1.00 Consider the following Macro model: GDP=Y=C+Gl+GP+NX C=120+0,80Y, G./-80 G.P=60 Tax=100 NX-20 Yd = Y-T What is the initial equilibrium level of GDP for the above macro model? Flag question O a $500 O b. $700 O c. $600 O d. $800

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