Assume the PAE 3-sector model you learned in class. You are given the followin...
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Assume the PAE 3-sector model you learned in class. You are given the following information:
Given this information, the equilibrium output is given by Y1.
Suppose the government decided to decrease its spending by 10. After the decrease in the government spending, the equilibrium output is given by Y2.
What is Y2?
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