Question: ************** NEED HELP WITH NUMBER 9 SPECIFICALLY THE GRAPH ************** ALL OTHER QUESTIONS I BELIEVE I GOT RIGHT BUT WOULDN'T MIND HAVING SOMETING TO COMPARE

************** NEED HELP WITH NUMBER 9 SPECIFICALLY THE GRAPH ************** ALL OTHER QUESTIONS I BELIEVE I GOT RIGHT BUT WOULDN'T MIND HAVING SOMETING TO COMPARE MY WORK WITH

= 120 + .56( ) 78 = 5100 890 = 5800 = 5300 = = (,) = .64 608 = 4, = 711, = 3 6. Solve for the IS curve 7. Solve for the LM curve 8. Solve for the equilibrium r and Y. Round to the nearest hundredth 9. Suppose the price level increases to 6 and then to 12. What happens to Y at each price level? CAREFULLY graph the AD graph that results from it. 10. If G increases to 5900 when P=3, how far does the IS curve shift? What is the new equilibrium r and Y? How far does the AD shift? 11. Suppose the AS curve is completely flat in the short run. Based on your answer to problem 10, what is the multiplier between G and Y? 12. Suppose the AS is completely vertical, even in the short run. Now what is the multiplier between G and Y?

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