Question: 2. Consider the following macroeconomic system: C = 25,000 + .88Y I = 12,000 - 3000i Ma = 80,000 + .10Y - 375,000i Ms =

2. Consider the following macroeconomic system: C = 25,000 + .88Y

2. Consider the following macroeconomic system: C = 25,000 + .88Y I = 12,000 - 3000i Ma = 80,000 + .10Y - 375,000i Ms = 50,000 What are the equations for the IS and LM curves for this economy? Find the equilibrium values for aggregate output and the interest rate. Check the solution. What is the multiplier for this economy

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