The value of equilibrium output (Y) = Table for Individual Question FeedbackPoints Earned:3.0/3.0Correct Answer(s):16505.The value of equilibrium consumption (C) = Table for Individual Question FeedbackPoints Earned:3.0/3.0Correct Answer(s):13806.We now incur shocks to the economy as provided in the red font. Use these new conditions to getexpressions for the Consumption function, Investment and the AE equation.Fill in the intercept and slope values to correctly complete the new consumption function: C = + YTable for Individual Question FeedbackPoints Earned:3.0/3.0Correct Answer(s):Box 1: 510;Box 2: .6, .60, 0.6, 0.60660.6016501380510.60

7.What is the newvalue of Investment: I = Table for Individual Question FeedbackPoints Earned:0.0/3.0Correct Answer(s):3908.Fill in the intercept and slope values to correctly complete the newAE equation: AE = + YTable for Individual Question FeedbackPoints Earned:3.0/3.0Correct Answer(s):Box 1: 700;Box 2: .6, .60, 0.6, 0.609.The newvalue of equilibrium output (Y) = Table for Individual Question FeedbackPoints Earned:3.0/3.0Correct Answer(s):175010.The newvalue of equilibrium consumption (C) = Feedback:NOTE:There is no graphing component to be collected for this homework. However, you should be comfortable creating two separate graphs from the above questions in part 1. You should be able to:1.Graph the consumption function both before and after the shock on one graph, and also plot equilibrium consumption and output values both before and after the shock.

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- Fall '10
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- Macroeconomics, Correct Answer, Inverse demand function, Individual Question, 15,000