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Can you please solve the second part of the queston thank you Consider the following Keynesian economy: Desired consumption: C = 200 + 0.600(Y -

Can you please solve the second part of the queston thank you

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Consider the following Keynesian economy: Desired consumption: C" = 200 + 0.600(Y - T) - 200r. Desired investment: /" = 320 - 300r. Taxes: T = 20 + 0.200Y. Government purchases: G = 152. Net exports: NX = 150 - 0.080Y - 500r. Money demand: L = 0.500Y - 200 r. Money supply: M = 924. Full-employment output: Y = 1,000. a. What are the general equilibrium (that is, long-run) values of the following (Enter values for the real interest rate and price level rounded to three decimal places. All other values are integers)? Output: 1,000 Real Interest rate: 0.210 Price level: 2.017 Consumption: 626 Investment: 257 Net exports: - 35 b. Starting from full employment, government purchases are increased by 66, to 218. What are the effects of this change in the short run on the following (Enter values for the real interest rate and price level rounded to three decimal places. All other values are integers)? Output: Real interest rate: Price level: Consumption: Investment: Net exports

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