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Determine equation for aggregate planned expenditure in this

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Reference no: EM13327319

C=2000+0.5(Y-T)

I=1500

G=2500

NX=200

T=2000

 

a) Determine equation for aggregate planned expenditure in this economy.

b) Determine level of autonomous expenditure in this economy.

c) Determine the multiplier in this economy.

d) determine the short run equilibrium output in this economy.

Reference no: EM13327319

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