Evaluate the following statement for an economy to be in, Econometrics

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Evaluate the following statement for an economy to be in

1. What is the balanced-budget multiplier? Explain why the balanced-budget multiplier is equal to 1.

2. Evaluate the following statement: For an economy to be in equilibrium, planned investment spending plus government purchases must equal saving plus net taxes.

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Econometrics: Evaluate the following statement for an economy to be in

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Econometrics: Evaluate the following statement for an economy to be in

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