Question: Consumption: C = 60 + 0.6Y Taxes: T = 40 + 0.25Y Transfer Payments: TR = 20 Investment: 1= 50/i Government Purchases: G = 70

Consumption: C = 60 + 0.6Y Taxes: T = 40 + 0.25Y Transfer Payments: TR = 20 Investment: 1= 50/i Government Purchases: G = 70 Exports: X = 44 Imports: M = 10 + 0.15Y Money Demand: MD = 50/i+ 0.18 Money Supply: MS = 500 Show this equilibrium on a money market diagram. (It should be in hyperbola if not please do it on the right way.)

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