Assume g0 545 and write the reduced form of
Assume a Keynesian model for a closed economy with C = 506 + 0.9177Y - 0.0001355Y 2I = 30 + 0.15Y + 4.3√ Y
Assume G0 = 545 and write the reduced form of the model. Linearly approximate Y by expanding the reduced form around 3390.
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