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The following equations describe an economy C = 750 + 0.75Yd 1 = 350 G = 700 X = 450 IM = 0.1Y T =
The following equations describe an economy C = 750 + 0.75Yd 1 = 350 G = 700 X = 450 IM = 0.1Y T = 0.2Y The aggregate expenditure function is AE = a) 750 + 0.75Y b) 2.250 + 0.65Y c) 2 250 + 0.5Y d) 2,250 + 0:45Y Page 71 of 80 Previous Page Next Page
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