This is a long question so I'm going to post the other half please help

laecon1.lyryx.com Netflix Course: ECON 203 D 2204 Principles of Macroeconomics ~ Lyryx. Lab 6 (Question 3) ~ Lyryx Learning Inc Course Home Do Homework - Assignment 7 A simplified economy is specified as follows: A. Goods market, all values C, I, G and NX values are in billions of C$: Consumption Expenditure: C = 100 + 0.8(Y-T) Investment Expenditure: 1 = 1,100 - 4,8007 Government Expenditure: G = 540 Lump-sum Constant Taxes: T = 540 Exports: 70 Imports: 3. Money market, all Mo values are in billions of C$: Interest Rate: i= 0.035 or 3.5% Money Demand: Md = 1,400 - 20,400/ Note: Keep as much precision as possible during your calculations. Your final answers should be accurate to at least two decimal places. a) Given the above information, solve for the following: The equilibrium Y, money supply M, consumption expenditure C, and investment expenditure I. Y = 0 M = 0 C = 0 1 = 0 The Conference Board of Canada has recently announced that consumer confidence in Canada dropped. Let the drop in consumer confidence to be equal to 15 points, from 100 to 85, so now C = 85 + 0.8(Y-T). b) Find the value of the goods market multiplier. Goods market multiplier = 0 ) Find the new Y, by either using the long calculation method or by using the multiplier. New Y = 0 d) Demonstrate how the drop in consumer confidence would affect the economy through the multiplier. Use three rounds of effects to demonstrate the multiplier effects. Let the first round be related to car purchases. the second round related to clothing, and the third round related to food. C 888