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Solve it please: Simple version of IS: Y = C + | P C. = Y = a; - b( R - r) Normal times,

Solve it please:

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Simple version of IS: Y = C + | P C. = Y = a; - b( R - r) Normal times, R = r_= 0.04 High R = 0.06 or 6% Consumption 8 trillion 8 trillion Investment 2 trillion 1 trillion Use this information to estimate the parameter b_. This is a movement along the IS curve. Question : "The value of b_is ? ."

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