Consider the following IS-LM model: C = 186 +0.45YD | = 159+0.23Y-867i G = 277 T...

Transcribed Image Text:

Consider the following IS-LM model: C = 186 +0.45YD | = 159+0.23Y-867i G = 277 T = 222 i = 0.05 The IS equation is determined to be Y= 1,631.56 - 2,709.38i The LM equation is given as i = 0.05. Using the IS and LM equations, the equilibrium real output, Y, is Using the IS-LM model, the equilibrium value of consumption, C, is Using the IS-LM model, the equilibrium value of Investment, /, is Using your answers above, determine the value of C + /+ G to confirm the value found above for Y. C+I+G= (Round your response to the nearest integer.) (Round your response to the nearest integer.) (Round your response to the nearest integer.) (Round your response to the nearest integer.) Consider the following IS-LM model: C = 186 +0.45YD | = 159+0.23Y-867i G = 277 T = 222 i = 0.05 The IS equation is determined to be Y= 1,631.56 - 2,709.38i The LM equation is given as i = 0.05. Using the IS and LM equations, the equilibrium real output, Y, is Using the IS-LM model, the equilibrium value of consumption, C, is Using the IS-LM model, the equilibrium value of Investment, /, is Using your answers above, determine the value of C + /+ G to confirm the value found above for Y. C+I+G= (Round your response to the nearest integer.) (Round your response to the nearest integer.) (Round your response to the nearest integer.) (Round your response to the nearest integer.)

Answer rating: 100% (QA)

Here are the steps to solve this ISLM model 1 The IS eq... View the full answer