Question: Please help in this urgent !!! Question 1 6 points Save Answer An inflationary economy has the following equations characterizing its two markets (the goods
Please help in this urgent !!!

Question 1 6 points Save Answer An inflationary economy has the following equations characterizing its two markets (the goods market and the money market) : 5 HA 10 - 0.1r G = 30 M 5 + 0. 3Y X 40 S = 6 + 0. 4Y + 0.1r Ma = 3 - 0. 2r + 0. 3Y MS = 20 where T is taxes collected (net of transfer payments) , I is investment, r is the rate of interest (in .), G is government expenditure, M is imports, Y is national income, X is exports, S is savings, M is demand for money, and MS is supply of money. Using matrix algebra to find the answer, the equilibrium Y and equilibrium r in this economy are: Oa. Y = 88.33 ; r = 72. 49 Ob. Y = 76 ; r = 54 Oc. Y = 90 ; r = 75 O d. Y = 73.33; r = 50 Oe. Y = 80 ; r = 60 Of. None of the other answers provided
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