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Suppose private consumption is given by C=C0+0.8(Y-T) Taxes paid by households are given by the following expression T=T0+(3/8)*Y for a fixed interest rate an increase

Suppose private consumption is given by C=C0+0.8(Y-T) Taxes paid by households are given by the following expression T=T0+(3/8)*Y

for a fixed interest rate an increase in government spending by 10 units implies that

output(Y) increases by A? What is A?

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