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Economy Z's equilibrium income is described by the following variables; C = 60 + 0.8YD, I = 70, G = 200, TR = 100, T
Economy Z's equilibrium income is described by the following variables;
C = 60 + 0.8YD, I = 70, G = 200, TR = 100, T = 0.10
Calculate the budget surplus
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