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Please refer to the attachment and answer the following questions: 10) The vertical intercept for the consumption function is _____ 11) The slope of the

Please refer to the attachment and answer the following questions:

10) The vertical intercept for the consumption function is _____

11) The slope of the consumption function is _____

12) The vertical intercept of the AE equation is _______

13) The slope of the AE equation is ________

14) Equilibrium output is equal to _______

15) Equilibrium consumption is equal to _______

16) Suppose the Consumption function changes to C=500 +.75(Y-T) - 30(r).

The new value of equilibrium output is ________.

17) The new value of equilibrium consumption is ________.

18) The Consumption function is still C=500 +.75(Y-T) - 30(r). The government spending multiplier in this economy is_____

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Use the following information to answer the next nine questions. Each ll-in-the-blank is worth 3 points. If your answer is in decimal form, enter it with 2 decimal places. For example, if your answer is .4, enter it into the ll-in-the-blank as .40, or if your answer is 1.4, enter it into the ll-in-the-blank as 1.40. If there are no decimals in your answer, you will simply enter the number; so if your answer is 2, enter 2 with no decimals. Do not use commas. Suppose the economy is characterized as follows: AE=C+|+G+(X-M) C = 400 + .75(Y T) - 30 (r) | = 500 50(r) G = 400 X- M = -25 T = 80 r = 5 Price level P is xed at 1 (P=1) Use the information above to get expressions for the consumption function and the AE equation. The vertical intercept for the consumption function is

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