c = 60 + 0.8yd, i=150−10r, g=250, t=200 ms=100, md=40 + 0.1y−10r, write the is and lm schedules for the new model, find the new equilibrium values for income (y1) and the interest rate (r1), show graphically the is and lm schedules and equilibrium point b(y1, r1)

c = 60 + 0.8yd, i=150−10r, g=250, t=200 ms=100, md=40 + 0.1y−10r, write the is and lm schedules for the new model, find the new equilibrium values for income (y1) and the interest rate (r1), show graphically the is and lm schedules and equilibrium point b(y1, r1)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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