I need help on this using 1. Keynesian cross and IS-Lm model Macro_SIClose_Example.RxSource on Save2425 # Print results26 paste ("rrø)227 paste("10 = ", 10)28293031321143Go to file/function# New inputIc1-Ic-500 # Autonomous investment333435 #Model output36S1-Y-Cc-Cy*(Y-TX)-G # National savings37 r1-(S1-Ic1)/(Ir) # Endogenous: Computer38I1=Ic1+Ir* (ro) # Other Endogenous: Investments39404142# Print resultspaste("r1 = ", r1)paste("I1 = ", I1)44454647:1 #(Untitled):# Question with the answer# What is the impact on r and I, if there is a negative shock to investment byAddins -# Questions# (a) What is the impact on r and I, if G increases by 500?Console Terminal x Background Jobs xRR 4.2.2-1R version 4.2.2 (2022-10-31) -- "Innocent and Trusting"Copyright (C) 2022 The R Foundation for Statistical ComputingPlatform: x86_64-apple-darwin17.0 (64-bit)R is free software and comes with ABSOLUTELY NO WARRANTY.You are welcome to redistribute it under certain conditions.Type 'license()' or 'licence()' for distribution details.-RunNatural language support but running in an English locale.R is a collaborative project with many contributors.1RStudiotvSource1R Script =S000000 89-Macro_SIClose_Example.Rx1011121314152022View2324Source on Save#############################Model: SI model of a closed economy#Model inputY=18000 # OutputCc-300 # Autonomous consumptionCy=0.8 # Consumption slopeIc-3500 # AutonomousIr=-400 # Investment slopeG-3000 # Government spendingTX-2500 # Taxes-TransfersZoom25# Print results26 paste("r0 = ", r0)27paste("10 ", 10)28293047:1Go to file/functioninvestment1617181920#Model output21 SO-Y-CC-Cy*(Y-TX)-G # Other Exogenous: National savingsro-(S0-Ic)/(Ir) # Endogenous: Computer10-Ic+Ir* (r0) # Other Endogenous: Investments# Question with the answer•#(Untitled) #Console Terminal x Background Jobs xR R 4.2.2I00T- Addins -R version 4.2.2 (2022-10-31) -- "Innocent and Trusting"Copyright (C) 2022 The R Foundation for Statistical ComputingPlatform: x86_64-apple-darwin17.0 (64-bit)R is free software and comes with ABSOLUTELY NO WARRANTY.You are welcome to redistribute it under certain conditions.Type 'license()' or 'licence()' for distribution details.Natural language support but running in an English localeR is a collaborative project with many contributors.MAY1-Run 54tvRStudioSource▾R Script =EFDOWN00000000006

Y=18000 C=300+0.8(Y-T) G=3000 I=3500-400r T=2500

# Model: SI model of a closed economy # Model input Y-18000 # Output Cc-300 # Autonomous consumption Cy=0.8# Consumption slope Ic-3500 # Autonomous investment Ir=-400 # Investment slope G-3000 # Government spending TX-2500 # Taxes-Transfers I

# Model: SI model of a closed economy # Model input Y-18000 # Output Cc-300 # Autonomous consumption Cy=0.8# Consumption slope Ic-3500 # Autonomous investment Ir=-400 # Investment slope G-3000 # Government spending TX-2500 # Taxes-Transfers I

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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I need help on this using 1. Keynesian cross and IS-Lm model

Macro_SIClose_Example.Rx
Source on Save
24
25 # Print results
26 paste ("r
rø)
2
27 paste("10 = ", 10)
28
29
30
31
32
11
43
Go to file/function
# New input
Ic1-Ic-500 # Autonomous investment
33
34
35 #Model output
36
S1-Y-Cc-Cy*(Y-TX)-G # National savings
37 r1-(S1-Ic1)/(Ir) # Endogenous: Computer
38
I1=Ic1+Ir* (ro) # Other Endogenous: Investments
39
40
41
42
# Print results
paste("r1 = ", r1)
paste("I1 = ", I1)
44
45
46
47:1 #(Untitled):
# Question with the answer
# What is the impact on r and I, if there is a negative shock to investment by
Addins -
# Questions
# (a) What is the impact on r and I, if G increases by 500?
Console Terminal x Background Jobs x
RR 4.2.2-1
R version 4.2.2 (2022-10-31) -- "Innocent and Trusting"
Copyright (C) 2022 The R Foundation for Statistical Computing
Platform: x86_64-apple-darwin17.0 (64-bit)
R is free software and comes with ABSOLUTELY NO WARRANTY.
You are welcome to redistribute it under certain conditions.
Type 'license()' or 'licence()' for distribution details.
-Run
Natural language support but running in an English locale.
R is a collaborative project with many contributors.
1
RStudio
tv
Source
1
R Script =
S
000000

8
9-
Macro_SIClose_Example.Rx
10
11
12
13
14
15
20
22
View
23
24
Source on Save
############################
#Model: SI model of a closed economy
#Model input
Y=18000 # Output
Cc-300 # Autonomous consumption
Cy=0.8 # Consumption slope
Ic-3500 # Autonomous
Ir=-400 # Investment slope
G-3000 # Government spending
TX-2500 # Taxes-Transfers
Zoom
25
# Print results
26 paste("r0 = ", r0)
27
paste("10 ", 10)
28
29
30
47:1
Go to file/function
investment
16
17
18
19
20
#Model output
21 SO-Y-CC-Cy*(Y-TX)-G # Other Exogenous: National savings
ro-(S0-Ic)/(Ir) # Endogenous: Computer
10-Ic+Ir* (r0) # Other Endogenous: Investments
# Question with the answer
•
#(Untitled) #
Console Terminal x Background Jobs x
R R 4.2.2
I
00
T
- Addins -
R version 4.2.2 (2022-10-31) -- "Innocent and Trusting"
Copyright (C) 2022 The R Foundation for Statistical Computing
Platform: x86_64-apple-darwin17.0 (64-bit)
R is free software and comes with ABSOLUTELY NO WARRANTY.
You are welcome to redistribute it under certain conditions.
Type 'license()' or 'licence()' for distribution details.
Natural language support but running in an English locale
R is a collaborative project with many contributors.
MAY
1
-Run 54
tv
RStudio
Source
▾
R Script =
E
F
DOWN
0000000000
6

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