Hello,

I did Question 4 but need help with 5 and 6, Please help.

For Question 4 my answers are:

Y = 249.504 Billion

r = 0.099 or 9.9%

Let A0 2 Co + I0. The solution (Y*, 1"\") of the system of equations outlined above is: Y* '\" = ' [M0] [(155%l + \"'01 lwl ' 4. [2 points] Let c : 8/10, 00 : $30 billion, I0 : $20 billion, b : 1, k : 1/2, h = 250, M0 = $100 billion. Specify numerically the system above and solve numerically for 'r* and Y*. Explain your answer. 5. [4 points] Determine the partial derivatives of Y* and r* with reSpect to ID and M0. (In the technical jargon of economists, these partial derivatives are called the \"multipliers.\") Explain your answer. 6. [2 points] Using your answer to question 5, determine the changes in r\" and Y*, i.e. (Ar*, AY*) induced by, alternatively, (1) a $2 billion increase in I0 and (2) a $2 billion increase in M0. Use Genius Scan to scan your answers, including your stepbystep work deriving these answers, save them in a single pdf document, and email them to me by the end of the day (11:59pm) on Tuesday May 11, 2021. | E lI A |\\ | E; Q\" + 0\" PS" Il + :12. ._. lI A H | O v 9" 9" + C3\" 99" Il