# Answer to Question #36716 in Macroeconomics for ANN

Question #36716

) Consider the following IS/LM model for a closed economy

C=400+0.4yd ,I=200+0.3y-2000i, G=360,T=400 ,m/p=4y-100000ims=2600 (10 marks)

i. Derive the IS equation

ii. Derive the LM equation

iii. Solve for equilibrium real output

iv. Solve for the equilibrium interest rate

v. Solve for equilibrium value of consumption and investment

C=400+0.4yd ,I=200+0.3y-2000i, G=360,T=400 ,m/p=4y-100000ims=2600 (10 marks)

i. Derive the IS equation

ii. Derive the LM equation

iii. Solve for equilibrium real output

iv. Solve for the equilibrium interest rate

v. Solve for equilibrium value of consumption and investment

Expert's answer

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Unfortunately, your question requires a lot of work and cannot be done for free. Please submit it with all requirements as an assignment to our control panel and we’ll assist you

Unfortunately, your question requires a lot of work and cannot be done for free. Please submit it with all requirements as an assignment to our control panel and we’ll assist you

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