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Business, 17.04.2020 21:07 aeress

In a certain economy, the components of planned spending are given by: C = 500 + 0.8(Y - T) - 300r Ip = 200 - 400r G = 200 NX = 10 T = 150 Given the information about the economy above, which expression below gives induced expenditures?

a.[910 - 700r]
b.[790 - 700r]
c.0.8Y 0.2Y

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