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C = 500 + 0.75(Y-T) P = 2 I = 100 - 50r (M/P)^D = y - 200r G = 1000 T = 1000 M = 6000 1. Derive IS-LM curve 2. Solve for equilibrium 3. Cut taxes by 20% & keep M constant r=…

C = 500 + 0.75(Y-T) P = 2 I = 100 - 50r (M/P)^D = y - 200r G = 1000 T = 1000 M = 6000 1. Derive IS-LM curve 2. Solve for equilibrium 3. Cut taxes by 20% & keep M constant r=…
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C = 500 + 0.75(Y-T)

P = 2
I = 100 - 50r
(M/P)^D = y - 200r
G = 1000
T = 1000
M = 6000
1. Derive IS-LM curve
2. Solve for equilibrium
3. Cut taxes by 20% & keep M constant
r=y
4. Engage in monet

asked
User Eloisa
by
7.5k points

1 Answer

0 votes

Answer:

P = 2

I = 100 - 50r

(M/P)^D = y - 200r

G = 1000

T = 1000

M = 6000

answered
User Mph
by
7.8k points
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