Question 2 30 points Save Answer Given the following data, answer the 12 questions which follow: (Show all calculation steps!) DATA: Y = C +1+ G Y = 1200 G1 = 150 TX1 = 100 C = 125 + 0.75 (Y - TX) 1 = 200 - 10r QUESTIONS: a. Compute private saving, public saving, and natioanl saving. b. Compute the equilibrium interest rate. c. Suppose G increases by 50. i.e. G2 = 200. Compute the new private saving, public saving and national saving. d. Compute the new equilibrium interest rate. e. Suppose G1 = 150 again, but the government decreases taxes by 20. i.e. Tx2 = 80. Compute the new Consumption, private saving, public saving, national saving and equilibrium r. f. What kind of fiscal policy do these changes in G and Tx represent