(c). Given a three sectof income dištribution model in which: Y = C +1, Ya = Y - T, C = Co + bYd, and T = To + tY Where I = lo = 30, Co = 85, b = 0.75, t 0.2 and To = 20. Find: (i). Reduced form (ii) the numerical value of Ye (iii) the effect on the multiplier if (t) is incorporated in the model.
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