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From this point on, the rest of the quiz questions will be based on the mathematical model we
discussed this week, the Expenditure-Output Model. Consider a model with the following
parameters: a=50MPC=0.9I=300G=200NE=50 Calculate Y. Note: This is the version of the
model that does NOT take into account taxes.

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From this point on, the rest of the quiz questions will be based on t.pdf

  • 1. From this point on, the rest of the quiz questions will be based on the mathematical model we discussed this week, the Expenditure-Output Model. Consider a model with the following parameters: a=50MPC=0.9I=300G=200NE=50 Calculate Y. Note: This is the version of the model that does NOT take into account taxes.