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The following data are presented about an economy with a fixed price level, and that has no imports or taxes. Available income / consumption expenditure

The following data are presented about an economy with a fixed price level, and that has no imports or taxes.

Available income / consumption expenditure

(billions of dollars a year)

0 5

100 80

200 155

300 230

400 305

Calculate the change in equilibrium spending when investment is reduced by $ 150 billion.

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