Question: efer back to the Complete Keynesian Model discussed in class on May 30. In each case below [parts (a) through (d)] go back to the

efer back to the Complete Keynesian Model discussed in class on May 30. In each case below [parts (a) through (d)] go back to the model discussed in class as the starting point. That is, the changes below are not cumulative. Solve for the complete equilibrium, verify the spending balance and show the financial market balance. (a) Solve for the new equilibrium if G is increased to 1,500. (b) Solve for the new equilibrium if the interest rate is reduced to 4.00%. (c) Solve for the new equilibrium if interest rates are increased to 7.00%. (d) Solve for the new equilibrium if wealth decreases to 60,000

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