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The economy of Ogdenville can be characterized by the following agents: Consumers, C = 350 + 0.8{YT) Output, Y 2 300-0 Government expenditures, G =

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The economy of Ogdenville can be characterized by the following agents: Consumers, C = 350 + 0.8{YT) Output, Y 2 300-0 Government expenditures, G = 50-0 Taxation, T = 50-0 Investors, | = 750125r Markets are fully competitive and the equilibrium condition for markets are: Goods and service market: Y 2C + | + G Financioi market: | = S a. [3 points] Find the private, public and national saving rate. B. [2 points] Find the equilibrium level of output a. [2 points] Find the equilibrium level of investment a. [2 points] Find the market clearing interest rate

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