C = 450 + 0.4Y I = 350 G = 150 X = 70 Z = 35 + 0.1Y T = 0.15Y Yf = 1550 Q.2.6 Before the government decreased the tax rate, how much of government spending was required to bring the economy to full employment?
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Q: C = 1,600 + 0.8(Y – T) I = 1000 G = 1,800…
A: C = 1,600 + 0.8(Y – T) I = 1000 G = 1,800 X = M = 0 T = 3,000 + 0.01Y
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C = 450 + 0.4Y I = 350 G = 150 X = 70 Z = 35 + 0.1Y T = 0.15Y Yf = 1550
Q.2.6 Before the government decreased the tax rate, how much of government spending was required to bring the economy to full employment?
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