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Suppose a closed economy has an intended investment of 150 and an aggregate consumption function given by C = 200 +0.75Yd. Suppose also that

Suppose a closed economy has an intended investment of 150 and an aggregate consumption function given by C = 200 +0.75Yd. Suppose also that the government spends 150 but collects no taxes. What is equilibrium output and income? (round your answer to the nearest whole value) Your Answer:

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