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3. Suppose that the economy is characterized by the following: C 160.6Yd, I150, G What is the current level of disposable income, consumption and saving? Assume output in this economy equal to 900, compute total demand. Is it equal to production? Explain. For output to increase to 1000, how much additional investment is needed? Given the above information, G is larger than T, what will happen if you raise T = 150? 150, T 100, NE 0. (Note; Yd is disposable income) a. b. c. d.

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