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What is the equilibrium level of real GDP (Y) in this economy?a) 4600b) 5000c) 6000d) 5600 Consider an economy described by the following equations: Consumption

What is the equilibrium level of real GDP (Y) in this economy?a) 4600b) 5000c) 6000d) 5600

Consider an economy described by the following equations: Consumption function: C = 200 + 0.75*DI Disposable Income: DI = Y -T Taxes - Transfers: T = 1200 Investment: 900 Government spending G = 1300 Net Exports: NX = -100

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