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Please read the question in attachment. nternational%20Economics_NEW%20(1).pdf + fects (Export Multiplier) considering Fiscal Policy n tells us that Y = Co + CY + |

Please read the question in attachment.

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nternational%20Economics_NEW%20(1).pdf + fects (Export Multiplier) considering Fiscal Policy n tells us that Y = Co + CY + | +G-cT + X-Mo-my. Suppose 0, T = 20, X = 30 and Mo = 6. ch equal 0.2, what is the level of income? What is the level ment rises by $10, what is the new level of income and who otal imports? remains at 20 like before.) Now G increases by $10 and T in same time, what is the new level of income and what is t mports in this case? 3

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