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quickly Question 10 Not yet answered Marked out of 1.00 P Flag question If production function is: Y = 2K+5L where Y is production, K

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Question 10 Not yet answered Marked out of 1.00 P Flag question If production function is: Y = 2K+5L where Y is production, K is capital and L is labor Assume that K=100 and L=100. If C=10+0.75 Y, where Cis consumption 1 = 200-1000 r where I is investment and ris interest rate G= 50 where G is government spending How much is the interest rate at equilibrium. a. 800 O b. 5% C. 8.5% O d. 1000

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