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In a national income model. Tax Revenue: Government imposes a tax of ten percent on income. T=tY=0,1Y Consumption expenditures is a linear function of disposable

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In a national income model. Tax Revenue: Government imposes a tax of ten percent on income. T=tY=0,1Y Consumption expenditures is a linear function of disposable income. C=c0+c1YD=100+0,6YD Investment is a linear function of income. I=d0+d1Y=100+0,2Y Suppose that in our model government purchases are determined by government. G=190 What will be equilibrium level of income, budget and private saving? Y1= ? B1= ? S1P= ? If consumers decide to increase their savings through by reducing the fixed (autonomous) part of their consumption as 78 units (c0=10022) what will be equilibrium income, budget, and private saving? Y2= ? B2= ? S2P= ? Y1=1500,Y2=2000,B1=40,B2=70S1=400S2=420 (autonomous) part of their consumption as 78 units (c0=10022) what will be equilibrium income, budget, and private saving? Y2= ? B2= ? S2P= ? Y1=1500,Y2=2000,B1=40,B2=70S1=400S2=420Y1=1500,Y2=2000,B1=40,B2=60S1=420S2=440Y1=1500,Y2=1200,B1=40,B2=60S1=400S2=420Y1=1500,Y2=2000,B1=60,B2=70S1=400S2=420Y1=1500,Y2=1200,B1=40,B2=70S1=440S2=410

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