Kaylie Grooms 11/14/23 1:29 PM (?) of Linear Equation: Question 19, 10.1.75 HW Score: 69.7%, 30.67 of 44 points Points: 0 of 2 Save In economics, the IS curve is a linear equation that represents all combinations of income Y and interest rates r that maintain an equilibrium in the market for goods in the economy. The LM curve is a linear equation that represents all combinations of income Y and interest rates r that maintain an equilibrium in the market for money in the economy. In an economy, suppose the equilibrium level of income (in millions of dollars) and interest rates satisfy the system of equations. Find the equilibrium level of income and interest rates. 0.05Y - 5000r = 150 0.05Y + 7000r = 750 Select the correct choice below and fill in any answer boxes in your choice. O A. The equilibrium level of income Y is $ The equilibrium interest rate r is (Type integers or decimals.) O B. There are infinitely many solutions. O C. There is no solution. Clear all Check answer an example Get more help - video NOV 74 tv 14