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Homework answers / question archive /   Consider the following economy

  Consider the following economy

Economics

 

Consider the following economy.

C = 1000 + 0.8YD

T = 0.25Y

I = 325

G = 225

X = 450

M = 0.1Y

The government will run a budget surplus is GDP is greater than...

a.650.

b.225.

c.775.

d.900.

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