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In a Model with No Government or Foreign Sector, If

Question 31

Multiple Choice

In a model with no government or foreign sector, if saving is defined as S = - 200 + (0.1) Y and investment is I? = 200, what is the equilibrium level of consumption?


A) 3,800
B) 3,600
C) 1,800
D) 2,000
E) 1,000

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