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Consider the following economy
C=1000+0.6Yd
G=220
T=200
I=500
A. Discover the government budget deficit or surplus
B. Find the Z line
C. Compute the Equilibrium level (Y)
D. Compute the equilibrium level of disposable Income (Yd)
E. Compute the level of Consumption (C) in equilibrium
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suppose there are two states that do not trade iowa and nebraska. each state produces the same two goods corn and
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according to a study of u.s. cigarette sales between 1955 and 1985 when the price of cigarettes was 1 higher
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