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he following is information for the economy of Tandor, where taxes are wholly autonomous: C = 80 + 0.75Y D where Y D = (Y

he following is information for the economy of Tandor, where taxes are wholly autonomous:

C = 80 + 0.75YDwhere YD= (Y - T)G= T = 340I= 100XN= 107 - 0.15Y

a. The value of equilibrium incomeis $.

b. At equilibrium, the amount of the budget

(Click to select)

balance

deficit

surplus

is $.

c. If government increased both its spending and taxes by $40, the new equilibrium income would be $.

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