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Consider the following economy. C = 1000 + 0.8YD T = 0.25Y I = 325 G = 225 X = 450 M = 0.1Y The

Consider the following economy.

C = 1000 + 0.8YD

T = 0.25Y

I = 325

G = 225

X = 450

M = 0.1Y

The government budget balance is given by...

225 - 0.25Y

0.25Y - 225

225 / 0.25Y

0.25Y

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