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Business, 21.02.2020 02:32 tiara0

Assume that equilibrium GDP (Y) is 5000. Consumption (C) is given by the equation C=500+0.6 (Y-T). Taxes (T) are equal to 600. Government spending is equal to 1000. Investment is given by the equation I=2160-100r, where r is the real interest rate in percent. What is the equilibrium real interest rate?

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Assume that equilibrium GDP (Y) is 5000. Consumption (C) is given by the equation C=500+0.6 (Y-T). T...
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