Consider an economy with the given equations. Y = C + I + G + NX Y=$6000 G=$1050 T=$1100 C=$250+0.65(Y−T) I=1000−45r NX=1285−1285? r=r*=6 b. Suppose now that G rises to $1350. Solve for private saving, public
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Consider an economy with the given equations.
Y = C + I + G + NX
Y=$6000
G=$1050
T=$1100
C=$250+0.65(Y−T)
I=1000−45r
NX=1285−1285?
r=r*=6
b. Suppose now that G rises to $1350. Solve for private saving,
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