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Suppose: Consumption, C = 192 + 0.8 YD; Tax, T = 144; Government Spending, G = 162; and Investment, I = 170. YDis disposable income.

Suppose: Consumption, C = 192 + 0.8 YD; Tax, T = 144; Government Spending, G = 162; and Investment, I = 170. YDis disposable income.

1.Calculate the equilibrium level of output.

2.Calculate disposable income.

3.Calculate total consumption.

4.Calculate the multiplier.

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