The following equations describe an economy, where Y* is potential GDP. C=20+0....
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The following equations describe an economy, where Y* is potential GDP.
- C=20+0.8×(Y-T)
- Ip=100
- G=200
- T=210
- X=60
- M=0.2×Y
- Y*=600
What is the value of net exports in this economy in equilibrium?
100%
0%
0%
0%
0%
0%
0%
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