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EC 200 Intermediate Macro Deriving IS and LM equations Suppose an economy has the following characteristics C = 170 +.6(Y-T) 1 = 100 - 4r

EC 200 Intermediate Macro Deriving IS and LM equations Suppose an economy has the following characteristics C = 170 +.6(Y-T) 1 = 100 - 4r G = 350 and T = 200 On the money side: Md =0.75Y - or and Ms = 735 a. Given the information above, derive the IS curve b. And the LM curve

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