The trade balance (X- IM) when the government's budget is balanced is $ b. The government's...

 

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The trade balance (X- IM) when the government's budget is balanced is $ b. The government's budget balance (TG) when the trade balance is zero is $ T= 250+ 0.2Y G= 500 IM=75 +0.3Y X = 600 The trade balance (X- IM) when the government's budget is balanced is $ b. The government's budget balance (TG) when the trade balance is zero is $ T= 250+ 0.2Y G= 500 IM=75 +0.3Y X = 600

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