The following equations relate to a certain economy, peruse them and answer the following questions. T = 0.75Y (tax rate) L= Y - 100r (Real money demand) M = 300 (Read money supply) C = 200 + 0.25Y d (Consumption function) I = 20 - 10r (Investment function) G = 30 (government purchases) i) Derive equations fro IS and LM curves ii) Determine the rand y pair at which the two markets are clearing  iii) Compute the values of C, I and L.

ENGR.ECONOMIC ANALYSIS
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The following equations relate to a certain economy, peruse them and answer the
following questions.
T = 0.75Y (tax rate)
L= Y - 100r (Real money demand)
M = 300 (Read money supply)
C = 200 + 0.25Y d (Consumption function)
I = 20 - 10r (Investment function)
G = 30 (government purchases)

i) Derive equations fro IS and LM curves
ii) Determine the rand y pair at which the two markets are clearing 
iii) Compute the values of C, I and L.

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