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Use the IS-LM equations below to find equilibrium Y and i. Show all steps. C = 400 + (.70) YD I = 200 + (.10)Y
Use the IS-LM equations below to find equilibrium Y and i. Show all steps.
C = 400 + (.70) YD
I = 200 + (.10)Y - 1000i
G = 300
T = 400
i = .02
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