Consider the following model of the labour market: if = 23 m If {1] Production funoon ' 2 Nu = 125 _ E {1] Labour demand on N, : {1.253 {3] Labour su|:I|::u|1.r P Nu - N: - N {4} Labour market equilibrium and goods market: 2 = C + I + G {5] Planned aggregate expenditure c = so + new. {6] Consumption function I = g + 0.51\" _ 5m {1] Planned investment G = EL] {3] Goyemmentexpanditure ya = y _ T {5] Disposable inoome T = so + as? no] Taxtunotion 1y = z {11] Equilibrium Condition and money market: L=2+.2'|' mo] {12] Money demand E = E {13] Money supply a a L = E {14] Money market equilibrium 91 Using this model and rounding to 3 decimal planes, answer the following questions: Question 4: [12 marks] Suppose that, alternatively, that both the interest rate and the price level are endogenous variable. In this case, what are the equilibrium values of (W/P)*, N*, Y*, i* and P*? (10 marks). Also, compute the government budget deficit for this economy (2 marks)