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Q1: consider the following macro model: 1- Y=C+I+G 2- C = C(Yd, M/p); Y: real GDP, C: consumption, 1: Investment, G: government esxp Yd: disposable

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Q1: consider the following macro model: 1- Y=C+I+G 2- C = C(Yd, M/p); Y: real GDP, C: consumption, 1: Investment, G: government esxp Yd: disposable income, M/P is real money balances representing wealth, O

0 r: real interest rate, 11 >0 and 12 0 f >0 and f20 and Enn, FKK 0 0 0 r: real interest rate, 11 >0 and 12 0 f >0 and f20 and Enn, FKK 0 0

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