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Consider an economy described by the following: $ C = 7 G T = $ WS 1 The expression for the MP curve is: O

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Consider an economy described by the following: $ C = 7 G T = $ WS 1 The expression for the MP curve is: O A. T=1 + 0.8%. OB. r= 2 + 1%. OC. r=2+0.81 OD. = 1 + 1. The expression for the AD curve is: Click to select your answer(s) SO 9 3 5 The expression for the AD curve is: OA. Y= 13.8 -1.37. OB. Y= 13.8-2.4st. OC. Y= 11.04 -2.4st. OD. Y= 11.04 - 1.3. Assume that r= 1.5%. The real interest rate ris 1 %. (Round your response to two decimal places.) The equilibrium level of output is $ trillion (Round your response to two decimal places.) Consumption is $ trillion (Round your response to two decimal places.) Investment is $ trillion (Round your response to two decimal places.) Net exports are $1 trillion (Round your response to two decimal places.) Suppose the Fed increases to r=3. The real interest rate is 1%. (Round your response to two decimal plac Click to select your answer(s). Consider an economy described by the following: $ C = 7 G T = $ WS 1 The expression for the MP curve is: O A. T=1 + 0.8%. OB. r= 2 + 1%. OC. r=2+0.81 OD. = 1 + 1. The expression for the AD curve is: Click to select your answer(s) SO 9 3 5 The expression for the AD curve is: OA. Y= 13.8 -1.37. OB. Y= 13.8-2.4st. OC. Y= 11.04 -2.4st. OD. Y= 11.04 - 1.3. Assume that r= 1.5%. The real interest rate ris 1 %. (Round your response to two decimal places.) The equilibrium level of output is $ trillion (Round your response to two decimal places.) Consumption is $ trillion (Round your response to two decimal places.) Investment is $ trillion (Round your response to two decimal places.) Net exports are $1 trillion (Round your response to two decimal places.) Suppose the Fed increases to r=3. The real interest rate is 1%. (Round your response to two decimal plac Click to select your answer(s)

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