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4. Consider the following AD/AS Model discussed in the class. (Goods Market) Disposable Income) (Money Market) (AS) ァーし(Y, i), LY > 0, Li < 0. P = P(Y) wherc G and T arc government spending and tax rate, respectivcly A. Assume that T is constant. Calculate the effect of the change in government spending on the equilibrium interest rate, output, and price level under the assumption of P-o. B. Assune that G is coustant. Calculate the effect of the change in tlhe tax rate ou the equilibrium interest rate, output, and price level under the assumption of P>0
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wen しナ /] İnce MチP 0NL -Cern tant, ty tahing nlyteren tofion bng inqualion ) da tolq dy, cy.dy t Ti ( Li dy Ltabove aly (a), e Li LT cl dl LtPlease Kindly help with Thumbs up for this answer. If any doubts feel free to query. Thank you

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