Question: 2. (a) Suppose you are given following information- Consumption function C = 10 + 0.8Yd Tax T = 50 Investment spending 1 = 135 Government

2. (a) Suppose you are given following information- Consumption function C

2. (a) Suppose you are given following information- Consumption function C = 10 + 0.8Yd Tax T = 50 Investment spending 1 = 135 Government Spending G = 60 Exports X = 35 Imports M = 0.05 Y Where Y and Y. are income and personal disposable income respectively. Find the equilibrium level of income and net exports

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