Question: THIS IS A TWO-POINT QUESTION: Consider a simple macro model with a constant price level and demand-determined output. The equations of the model are: C

THIS IS A TWO-POINT QUESTION:

Consider a simple macro model with a constant price level and demand-determined output. The equations of the model are:

C= 150 +0.82YDI= 410G= 700T= .10 Y,X= 130IM= 0.08Y.

The trade balance at equilibrium national income (rounded to the nearest decimal point) is

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