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The economy of Playconomics has households, firms, and government. In addition, the economy is also connected with the rest of the world through trade. Households

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The economy of Playconomics has households, firms, and government. In addition, the economy is also connected with the rest of the world through trade. Households are represented by the following: C= co+ q(1-t)y Firms are represented as organisations that invest in physical capital I = 1000 - 12500(r) The spending is represented by: G = G The country's relationship with the rest of the world is represented by the following: X =X M = M' + my Assume the economy of this country is in equilibrium. The equation for this equilibrium level of income is: Select one: O a Y = (CO+1+G+X-MY/(1-C1 (1-1)+m) O b. Y = (co+1+G+X-MY/(1+c1 (1-1)-m) O G Y = (CO+1+G-X-M) /(1+c1 (1-1)+m) O d. Y = (CO+1+G-X+MY/(1+c, (1 +t)-m) De Y= (CO+1+G-X+MY/(1-Cq (1+1)+m)

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