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ILUUVUELIN Consider an economy with the given equations. • Y=C+I+G • C = 88 +0.6(Y-T) • I = 110 - 10r . (M = Y - 150 • GS60 •



Which equation represents the LM curve? 30 . 25 O Y = 400r + 15 O Y = 15r - 400 O Y = 400 + 150 O Y = 400 - 150 20 () 15 10 O

Consider an economy with the given equations. 

• Y=C+I+G 

• C = 88 +0.6(Y-T) 

• I = 110 - 10r 

 •(M/P)d = Y - 15r 

• G=560 

• T = $30 

• M = $1200 

• P = 3.0 

Use the relevant set of equations to derive the LM curve. 

Move points A and B to graph the LM curve.

Which equation represents the LM curve? 

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