Economy, asked by ankeshmaheshwari2002, 2 months ago

S-80+0.25Y, and import function is given as 100-0.05Y then find: (a) At what level equilibrium level of income and consumption level will occur? (b) If govt. expenditure increase by 55 Cr. And govt. imposes the lumpsum taxes worth 15 Cr what impact it will have on consumption and income 1 (c) What will happen to imports if government raises the import duty by 10%? (d) Calculate the multipliers of government expenditure and foreign trade.​

Answers

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Explanation:

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