Determine the equilibrium income and interest rate given the following information about the commodity market : C= 0.8Y + 60 I=- 3or + 740 and money market Ms - 400 L,- 0.2Y Lg= -20r + 200 Oa. Y=...

Determine the equilibrium income and interest rate given the following information about<br>the commodity market :<br>C= 0.8Y + 60<br>I=- 3or + 740<br>and money market<br>Ms - 400<br>L,- 0.2Y<br>Lg= -20r + 200<br>Oa. Y= 2950, r8%<br>O b. Y= sooo, r=5%<br>Oc. Y= 2200, re12%<br>o d. Y= 2950, r6%<br>

Extracted text: Determine the equilibrium income and interest rate given the following information about the commodity market : C= 0.8Y + 60 I=- 3or + 740 and money market Ms - 400 L,- 0.2Y Lg= -20r + 200 Oa. Y= 2950, r8% O b. Y= sooo, r=5% Oc. Y= 2200, re12% o d. Y= 2950, r6%

Jun 11, 2022

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Determine the equilibrium income and interest rate given the following information about the commodity market : C= 0.8Y + 60 I=- 3or + 740 and money market Ms - 400 L,- 0.2Y Lg= -20r + 200 Oa. Y=...

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