B)The conference board has recently announced that consumer confidence dropped. let the drop in consumer confidence to be equal to 10 points ,from 100 to 90, so now C= 90+0.5(y-t) Find the value of the goods multiplier.goods market multiplier =______C) Find the new Y, by either using the long calculation method or by using the multiplier New Y=____

plified economy is specified as follows: ods market, all values C, I, G and NX values are in billions of C$: sumption Expenditure: C = 100 + 0.5(Y-T) tment Expenditure: 1 = 1,000 - 5,400i rnment Expenditure: G = 460 -sum Constant Taxes: T = 460 ts: 60 ts: 40 ey market, all Mo values are in billions of C$: t Rate: i = 0.015 or 1.5% Demand: Md = 1,400 - 19, 100/ eep as much precision as possible during your calculations. Your final answers should be accurate to at least two decimal places. the above information, solve for the following: The equilibrium Y, money supply M, consumption expenditure C, and investment expenditure