Please show your answer clearly, thanks.

5. What is the impact of the change in the taxes level in Home Economy on: (a) The deficit in Home Economy? (3 points) (b) Output and the deficit in Foreign Economy? (3 points) (c) Each economy's trade balance? (4 points) Consider the following world that consists of two economies: Home Economy and Foreign Economy. Foreign variables are starred. Assume that both countries either use the same currency, or that the real exchange rate is fixed and normalized to one. C = 10+0.6(YT) I = T G = C T = T Q = 0.11% X = 0.1Y*