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An economy is characterised by the following equationConsumption C = 60 + 0.9YdInvestment I = 10Government expenditure G = 10Tax T = 0Exports X = 20Imports M = 10 + 0.05YWhat is the equilibrium income? Calculate trade balance and foreign trademultiplier.? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about An economy is characterised by the following equationConsumption C = 60 + 0.9YdInvestment I = 10Government expenditure G = 10Tax T = 0Exports X = 20Imports M = 10 + 0.05YWhat is the equilibrium income? Calculate trade balance and foreign trademultiplier.? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for An economy is characterised by the following equationConsumption C = 60 + 0.9YdInvestment I = 10Government expenditure G = 10Tax T = 0Exports X = 20Imports M = 10 + 0.05YWhat is the equilibrium income? Calculate trade balance and foreign trademultiplier.?.

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