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What is the level of disposable income

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Reference no: EM132813390

Suppose that the economy is characterized by the following behavioral? equations:

CYDI GTY

? = 150+0.75

?= 180

? = 130

? = 120

What is the equilibrium GDP ?(?)? (Round to two decimal? places.)

What is the level of disposable income ?(YD?)?(Round to two decimal? places.)

What is the level of consumption spending ?(C?)? ?(Round to two decimal? places.)

Reference no: EM132813390

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