An economy has a consumption function of c 400 75di the, Ask an Expert

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An economy has a consumption function of C = 400 + .75(DI) The following values are fixed : G , T = 1000 NX = 50 I = 750 Suppose that the CPI ( i.e., the "Price Level") is currently equal to 115.

What is the equilibrium real GDP (on the demand side)?

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Business Economics, Economics

Category:- Business Economics
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