Question: Please provide steps as well. Question 2 (20 points) Explain the change in y during the first and the second round in response to the

Please provide steps as well.

Question 2 (20 points) Explain the change in y during the first and the second round in response to the increase in g by 150 millions. Then, analytically derive the multiplier. (You need to follow the steps in your lecture notes, \"Monetary and fiscal policy, pages 14,15, and 15. Table 1 O L'rIL'rIg'DE'DP 5" NH\" O8 .1. o *o '00\"- o N N cDOII 10 Round First

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