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please answer the following question Suppose that the economy is characterized by the following equations: Production 1 Output Goods Market Money Market Y = 4(3.00N

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please answer the following question

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Suppose that the economy is characterized by the following equations: Production 1 Output Goods Market Money Market Y = 4(3.00N 0.00640N2) Cd = 310 + 0.75(Y n 220r Md /P= 0.40Y 250(r we) MPN = 4(300 - 0.012300 id = 260.0 - 270r 2r= 0.01 NS = 62.0 +15l1 t)w T: 25 +0.25Y M = 9200 Initially, the level of government purchase is 60, then it increases to 85. Calculate the initial and new general equilibrium values of the real wage, employment, output, the real interest rate, and the price level, after the increase in government purchases

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