3.) Use the following Macro Model to find an intial r (in the money market), Multplier...

 

Transcribed Image Text:

3.) Use the following Macro Model to find an intial r (in the money market), Multplier (M) and new Y' using the following values: . initial Y-27,000 . . . . . . . . . M-27,500 e-1.100002 e-2 C 1280 mpc (or b)-0.75 1870 -0.032 G-950 X=32 IM 26 Y=C+I+G+(X-IM) C=C + by 1=1, -ir G=G X = X IM=IM, MD=eY -er M = MD 3.) Use the following Macro Model to find an intial r (in the money market), Multplier (M) and new Y' using the following values: . initial Y-27,000 . . . . . . . . . M-27,500 e-1.100002 e-2 C 1280 mpc (or b)-0.75 1870 -0.032 G-950 X=32 IM 26 Y=C+I+G+(X-IM) C=C + by 1=1, -ir G=G X = X IM=IM, MD=eY -er M = MD