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An open economy is described by the following system of macroeconomic equations, in which all macroeconomic aggregates are measured in billions of Namibian dollars, N$. Y = C + I + G + X – M C = 10 + 0.2Yd T = 30 + 0.2Y TR = 80 – 0.05Y I = 35 G = 15 E =

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An open economy is described by the following system of macroeconomic equations, in which all macroeconomic aggregates are measured in billions of Namibian dollars, N$. Y = C + I + G + X – M C = 10 + 0.2Yd T = 30 + 0.2Y TR = 80 – 0.05Y I = 35 G = 15 E =
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