Find equilibrium GDP using the following macroeconomic model (the numbers, with the exception of the MPC, represent billions of dollars): C 500+0.80Y | = 1,250 G = 2,000 NX = 200 Y = C++ G + NX The equilibrium level of GDP is $ billion dollars.) Consumption function Planned investment function Government spending function Net export function Equilibrium condition billion. (Round your answer to the nearest

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