Compute the r and y in which the two markets are, Econometrics

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Compute the r and y in which the two markets are

Given Y=C+I+G+X , C=100+0.9^d , I=200-500r , M=0.8Y-2000r ,X=100-0.12Y-500r , G=200 , T=0.2 , L=800

a) Derive the equations for IS and LM curves.

b) compute the r and y in which the two markets are clearing.

c) compute the values of C,I,X,M

d) calculate the monetary and fiscal policy multipliers and interpret them

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Econometrics: Compute the r and y in which the two markets are

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Econometrics: Compute the r and y in which the two markets are

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