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Maximum number of characters (including HTML tags added by text editor): 32,000 Given the data below solve a-g AD = C + I + G

Maximum number of characters (including HTML tags added by text editor): 32,000

Given the data below solve a-g

AD = C + I + G + NX I = 500 - 20i M = 400

C=200+()YD G = 200 P = 1

YD = Y - TA NX =0 md = (1/4)Y + 200 - 20 i

TA =( )Y

  1. Solve for the equilibrium level of Y and i
  2. Solve for the equilibrium level of YD
  3. Solve for the equilibrium level of C
  4. Solve for the equilibrium level of S
  5. Solve for the equilibrium level of I
  6. What will be the level of crowding out if G increases by 50?
  7. Using the ISLM model graph an increase in government spending. Explain each step in the adjustment process

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