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Assume that in 2015, the following prevails in the Republic of Nurd: Government spending (G) = $0 Net taxes (T) = $0 Planned

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Answer
the equilibrium is at
Y=C+I+G
Y=0.8*(Y-0)+30+0
Y=0.8Y+30
0.2Y=30
Y=$150
the equilibrium income is $150

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