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Real GDP C I G X - M AE 11 7.7 2 2.5 -0.2 12 8.4 2 2.5 -0.4 13 9.1 2 2.5 -0.6 14

Real

GDP

C

I

G

X - M

AE

11

7.7

2

2.5

-0.2

12

8.4

2

2.5

-0.4

13

9.1

2

2.5

-0.6

14

9.8

2

2.5

-0.8

10) In the above table, C is consumption expenditure, I is investment, G is government expenditure, and X - M is net exports. All entries are in dollars. The equilibrium level of real GDP is

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