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Refer to image for the given data What is the value of equilibrium GDP? a. 500 b.400 c.550 d.600 e.650 Chapter 4 - Question 19

Refer to image for the given data

What is the value of equilibrium GDP?

a. 500

b.400

c.550

d.600

e.650

Chapter 4 - Question 19 Suppose that an economy has the following economic structure: PAE = C + IP +X - M C = 20 + 0.9Y IP = X = 50 M = 0.1Y

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