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The following equations describe a closed economy. The following equations describe a closed economy. C=80+0.8(Y-T) Ip = 200 G =100 T = 100 + 0.4Y

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The following equations describe a closed economy.

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The following equations describe a closed economy. C=80+0.8(Y-T) Ip = 200 G =100 T = 100 + 0.4Y Other things equal, if planned investment increases from 200 to 300, the change in equilibrium GDP equals: O 100 O 147 O 192 O 200 O 500

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