ADVANCED ANALYSIS Assume that the consumption schedule for a private open economy is such that consumption C

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ADVANCED ANALYSIS Assume that the consumption schedule for a private open economy is such that consumption C  50  0.8 Y . Assume further that planned investment I g and net exports X n are independent of the level of real GDP and constant at I g  30 and X n 

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Economics

ISBN: 9780073336947

17th Edition

Authors: Campbell McConnell , Stanley Brue

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