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The following data are for the economy of Moksha. C=36 + I=66 9.6Y G: 159 KN: 56 - 9.1Y a. Calculate equilibrium GDP. Equilibrium GDP
The following data are for the economy of Moksha. C=36 + I=66 9.6Y G: 159 KN: 56 - 9.1Y a. Calculate equilibrium GDP. Equilibrium GDP is $ b. Calculate the multiplier.Round your answer to 2 decimal places. The multip c. lfthe tax is$ ier is function is T = 20 + 0.2V, the size of the budget . Round your answer to'l decimal place. (Click to select) V d. Now, change government spending, by the size of the surplus, or deficit, in an attempt to balance the budget. What will be the new equilibrium income? Round your answer to 1 decimal place. New equilibrium GDP is $ e. At the new equilibrium there is a budget (Click to select) v Round your answer to 2 decimal places. os$
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