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Question: consider the following numerical example of the islm model c...

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Consider the following numerical example of the IS-LM model: C 194+0.5Yo 151+0.16Y-1,145 G-201 T 161 i = 0.06 Derive the IS relation. (Hint: You want an equation with Y on the left side of the equation and everything else on the right.) Yi. (Round your calculations of the intercept and slope terms to two decimal places.) The central bank sets an interest rate of 6%. In the equations given above, this decision is represented asi.Oand is known as the Given this models IS and LM equations, the equilibrium real output, Y. is(Round your response to the nearest nteger.) Use the expression given below along with the values of equilibrium real output and the interest rate to determine the level of the real money supply L relation. 2.2Y-8,048i The real money supply is(Round your response to the nearest integer.)

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