Question 6 options:

give a numerical formula for the IS curve, showing Y as a function of r alone.

give a numerical formula for the LM curve, showing Y as a function of r alone.

What are the short-run equilibrium values of:Income =

Real interest rate =

Disposable Income =

Consumption =

Investment =

Private Saving =

Public Saving =

National Saving =

Assume that G increases by 200. By how much will Y increase in short-run equilibrium?

What is the government purchases multiplier?

Assume that G is back at its original level of 1000, butM^s

(the money supply) increases by 200.By how much will Y increase in short-run equilibrium?

What is the multiplier for money supply?