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Suppose structural model of an economy is given as follows. C = 100 + 0.80Yd Yd=Y-T I= 100 G = 100 a) T = 100
Suppose structural model of an economy is given as follows. C = 100 + 0.80Yd Yd=Y-T I= 100 G = 100 a) T = 100 / T = 60+0.9Y Find expenditure multiplier and changed income if changed G = 50 b). Tax multiplier when t =0.25
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