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Consider the following model:
C = 1,000 + 0.5 Yd,
Yd = Y - T,
I = 500 - 100 i + 0.3 Y,
G =300,
T = 200,
(M/P)d = 0.2 Y - 5,000 i,
(M/P)s = 1,000.
Q. What is the equation for the LM curve?
a) Y = 5,000 + 25,000i
b) Y = 10,000 + 7,500i
c) Y = 8,000 + 25,000i
d) Y = 20,000 + 9,000i
how can i get equation of lm
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