What is the increase in equilibrium gdp


Question: Consider an economy that has no government. Its consumption function is given by C = 566 + 0.7Y; its planned investment is 20, exports is 100, and imports is given by M = 37 + 0.2Y. What is the increase in equilibrium GDP if planned investment increased from 20 to 56? Do not enter the $ sign. Round to two decimal places if required.

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Macroeconomics: What is the increase in equilibrium gdp
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