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Suppose the real GDP in an economy is currently $320 billion, C is $160 billion, / is $50 billion, G is $32 billion, and Nx
Suppose the real GDP in an economy is currently $320 billion, C is $160 billion, / is $50 billion, G is $32 billion, and Nx is $-20 billion. What can you say about the state of equilibrium in this economy? Will its real GDP rise, fall, or stay the same? Explain
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