2. The following equations describe an economy: C = 0.8(1 - t) Y t = .25 moscowshe selbermeril 1 = 900 - 50i G = 800 L = 0.25Y - 62.5i gotoq arce as, bonimerab she axel seoqque M/P = 500 Suppose the interest rate, i, is measured as a percentage, i.e., if the interest rate is 5%, then i = 5. a. What is the equation for the IS curve incorporating the numbers above? highic slopeings to leval mundiups andtel tedw b. What is the equation for the LM curve incorporating the numbers above? c. What is the equilibrium level of income, Y? .da of esessioni probnega insmilesval bannerq acogque Mugdue to level muhailips was an elderlyv d. What is the equilibrium level of the interest rate, i?e. Graphically illustrate the equilibrium in the ISLM model above Accuma inflation