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Business, 12.11.2019 03:31 LilFabeOMM8397

Advanced analysis assume that the consumption schedule for a private open economy is such that consumption is: c = 60 + 0.8y assume further that planned investment ig and net exports xn are independent of the level of real gdp and constant at ig = 40 and xn = 10. government spending (g) is equal to $0. recall also that, in equilibrium, the real output produced (y) is equal to aggregate expenditures: y = c + ig + g + xn

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