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Suppose that the economy is characterised by the following behavioural equations: C = 160 + 0.6YD I = 150 G = 150 T = 100

Suppose that the economy is characterised by the following behavioural equations: C = 160 + 0.6YD I = 150 G = 150 T = 100 Solve for a. Equilibrium GDP (Y) b. Disposable income (YD) c. Consumption spending (C)

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