Describe the current equilibrium level of disposable national Income using a Keynesian Cross Diagram.
Monetary Data (Private Banking Industry)
|Short Term Savings Accounts
|US Government Securities
Monetary Data (FED)
|Us Government Securities
C= 1000+0.75(YD); G=1,000; YF=9,000
Part 1: Determine the current equilibrium level; of disposable national Income. Be sure to use a Keynesian Cross Diagram to illustrate your answer.
Part2: Asses the current state of macroeconomics affairs.
Part3: Design a detailed monetary policy to attain your objectives.
Part4: Clearly illustrate your policy. Describe the chain of events leading to the new macroeconomics equilibrium. Pay attention to detail of implementation.