Consider an economy with the following data:

Consumption, C = 33 + 0.23YD

Investment, I = 74 + 0.29Y - 0.12i

Government expenditure, G = 44

Tax, T = 80

Money demand, (M/P)D= 7Y - 477i

Money supply, (M/P)S= 842

Use these equations to construct the IS-curve in the formY = f( i ), and the LM-curve in the formi = f( Y ).

What is the slope of the IS-curve?

Give your answer in2 decimal placeswhen applicable.

What is the slope of the LM-curve?

Give your answer in4 decimal placeswhen applicable.

What is the equilibrium level of output?

Give your answer in2 decimal placeswhen applicable.

What is the equilibrium level interest rate?

Give your answer in4 decimal placeswhen applicable.