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Determine the equation for te and illustrate this grahically

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Reference no: EM13309016

C=100+0.88Y; I=50; G=40; X=50; M=0.09Y and t=0.35Y

1.Determine the equation for TE and illustrate this grahically

2.Use the multiplier to indicate how a decrease in investment of R50 will affect the GDP. Show all caluclations. Illustrate this on a graph

Reference no: EM13309016

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