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Consider the following model for a small open economy

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Consider the following model for a small open economy. Using this model, and rounding to 3 decimal places, please answer all questions to this CML. Y = 750 – 8 – 1000i + 5e (1) IS Equation i = 0.5 (1+ 8) + 0.001Y - 0.005 (2) LM Equation i= ip = 0.05 (3) BP=0 locus Let foreign prices be fixed at P, = 1 and the nominal exchange rate e be flexible. Question 1: Assuming that this is a classical economy with full flexible domestic prices and output is fixed at the full employment level Y = Yp - 2000. Also assume that there is no COVID (5-0) and the benchmark for nominal money supply is a - M - 500 Solve for p 1.02
Payment Australl... Matchups Sports Question Completion Status: QUESTION TV Assume a keynesian fixed price economy with P = P = 1 Also assume that there is COVID (5-05) and benchmark nominal money supply M M = 500. Solve for e QUESTION 11 Assume a keynesian fixed-price economy with P = P = 1 Also assume that there is COVID (s 0.5) and quantitative easing that increases nominal money supply M = M = 550. Solve for Y". QUESTION 12 Assume a keynesian fixed-price economy with P = P = 1 Also assume that there is COVID (s=0.5) and quantitative easing that increases nominal money supply M = M = 550. Solve for en