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ECS 2602 EXAM PACK OCT/NOV

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ECS 2602 EXAM PACK OCT/NOV Section A QUESTION 1/VRAAG 1 (5 marks) a. Calculate the equilibrium level of output and income if c = 0.5, c0 = 300, Ī = 400, G = 300 and T = 100 in the goods market model. Show the formula and all calculations. (1) Answer 

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