Скачать с ютуб IS-LM Curves and Diagram - Fiscal Shock and a Shift to the IS Curve (Government Purchases Increase) в хорошем качестве

IS-LM Curves and Diagram - Fiscal Shock and a Shift to the IS Curve (Government Purchases Increase)

We deal with the IS LM Model to find the effect of an increase in government spending. First, we derive the IS and LM Curves given the increase in G. This leads to a shift in the IS Curve. Then we calculate the new equilibrium interest rate (r*) and output/income (Y*). Then we use the IS-LM diagram to investigate the effect of the fiscal expansion. And we end with some intuition. More Macroeconomics Problems: https://sites.google.com/site/curtisk... ___________________________________________________________ Consider the economy of Hicksonia.    • ISLM Practice Problem Part 1 - Derivi...   a. The consumption function is given by: C=200+0.75(Y-T) The investment function is: I=200-25r Government purchases and taxes are both 100. For this economy, graph the IS curve for r changing from 0 to 8    • ISLM Practice Problem Part 1 - Derivi...   b. The money demand function in Hicksonia is (M/P)^d=Y-100r The nominal money supply is 1000 and the price level P is 2. For this economy, graph the LM curve for r ranging from 0 to 8    • ISLM Practice Problem Part 1 - Derivi...   c. Find the equilibrium interest rate r and equilibrium level of income Y.    • IS-LM Curves and Diagram - Fiscal Sho...   d. Suppose that government purchases are raised from 100 to 150. How does the IS curve shift? What are the new equilibrium interest rate and level of income?    • IS-LM Model & Diagram - LM Curve Shif...   e. Suppose instead that the money supply is raised from 1000 to 1200. How does the LM curve shift? What are the new equilibrium interest rate and level of income?    • IS-LM Curves and Diagram and a Change...   f. With the initial values for monetary and fiscal policy, suppose that the price level rises from 2 to 4. What happens? What are the new equilibrium interest rate and level of income?    • IS-LM Equations - Deriving Aggregate ...   g. Derive and graph an equation for the aggregate demand curve. What happens to this aggregate demand curve if fiscal or monetary policy changes, as in part (a) and (e)? from Mankiw's Macroeconomics (8th ed) - Aggregate Demand Part 2 (Chapter 12) - Problem 3 ----------------------------------------------------------------