Using the information below for the open economy model, a) Solve the equilibrium output step-by-step. b) Solve the trade balance step-by-step. c) Solve the fiscal balance step-by-step. Autonomous...

Using the information below for the open economy model,
a) Solve the equilibrium output step-by-step.
b) Solve the trade balance step-by-step.
c) Solve the fiscal balance step-by-step.
Autonomous consumption → CA= 110
Marginal propensity to consume → cY = 0.5
Lump-sum tax collection → T = 50
Income tax rate → t = 0.2
Investment expenditure → I = 100
Government expenditure → G = 100
Exports → X = 100
Marginal propensity to import → m = 0.3