e. Expansionary monetary policy. Suppose that the central bank increases money supply to 1500. What is the impact of this policy on the IS and LM curves? Find the new equilibrium values of output, interest rate, C and I.

f. Expansionary fiscal policy. Suppose that the government increases its spending G to 300. What is the impact of this policy on the IS and LM curves? Find the new equilibrium values of output, interest rate, C and I

PLEASE ASSIST IN ANSWERING THE ABOVE QUESTIONS BASED ON THE PREVIOUS SOLUTION PROVIDED FOR THE BELOW

Consider the following numerical example of the ISLM model: C = 100 + 0.3YD I = 150 + 0.2Y 1000i T = 100, G = 200, i = 0.01 (M/P) s = 1200 (M/P) d = 2Y 4000i