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One way of writing the goods-market equilibrium condition for a closed economy is OY=Cg+Gg+S OY-C+G+S OY-C-G-S-1 OS-la

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter9: Classical Macroeconomics And The Self Regulating Economy

Section: Chapter Questions

Problem 10QP

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Question

One way of writing the goods-market equilibrium condition for a closed economy is
OY=Ca+Ga+S
OY-C+G+S
OY-Cd - G-Sa=la
O Sa-la

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