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Question 10 (1 point) Suppose that desired consumption is described by: Cd = 150 + 0.8(Y - T) Desired investment is described by: 1 =

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Question 10 (1 point) Suppose that desired consumption is described by: Cd = 150 + 0.8(Y - T) Desired investment is described by: 1 = 200 - 2000r Fiscal policy is described by: G = 150, T = 0 Net Exports are given by: NX = 50 - 0.1Y - e Assume that the world real interest rate, r, is 0.05. The full employment level of output is given by Y = 1000. What is the real exchange rate in a general equilibrium under a floating exchange rate regime? Oe = 100 Oe = 110 Oe= 150 Oe= 190

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