Describe the size of public sector borrowing

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You have been given the following information about an economy.GPD=100 billion Investment=10 billion Export=15 billion Import=20 billion autonomous consumption is 10 billion the marginal propensity to consume is 0.8 autonomous tax is 10 billion and the tax rate is 1%.Determine the size of public sector borrowing/public sector debt requirement

Reference no: EM1359037

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