Question: how to do this 4. The IS function and LM functions of an economy are 0.5Y= 1850 - 15r and 0.25Y = 350 + 50r
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4. The IS function and LM functions of an economy are 0.5Y= 1850 - 15r and 0.25Y = 350 + 50r . If exports increase by 200 and autonomous imports decrease by 30 million units of currency (MUC), find the change in new equilibrium income and budget deficit
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