macroeconomics questions： please answer all parts in this question and make sure your answers are correct，a big like for clear、correct 、full answers/solutions. Thanks Question 5An economy is described by the following:C=20+0.9Y1=120-200rMd=250+0.2Y-400rMs/P=1250Y=70 VIW=17.5Lf-144a) Find AS and AD.b) Find the equilibrium level of Y and P.c) Graphically represent this economy.d) Find the long-run Y of this economy.e) What is the level of government expenses G, the government needs to impose in orderto lead the economy to the full employment? (Show the long-run graphically).

Answered: luestión 5 An economy is described by…

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luestión 5 An economy is described by the following: C=20+0.9Y 1=120-200r

ENGR.ECONOMIC ANALYSIS

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ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

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macroeconomics questions：

please answer all parts in this question and make sure your answers are correct，a big like for clear、correct 、full answers/solutions. Thanks

Question 5
An economy is described by the following:
C=20+0.9Y
1=120-200r
Md=250+0.2Y-400r
Ms/P=1250
Y=70 VI
W=17.5
Lf-144
a) Find AS and AD.
b) Find the equilibrium level of Y and P.
c) Graphically represent this economy.
d) Find the long-run Y of this economy.
e) What is the level of government expenses G, the government needs to impose in order
to lead the economy to the full employment? (Show the long-run graphically).

Branch of economics that analyzes the behavior and performance of an economy as a whole. It focuses on the study of aggregates and evaluates changes related to unemployment, gross domestic product, inflation, monetary and fiscal policies of the government.

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