Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
I = 200 − 1000 ∗ r (investment function)
G = T = 100 (government purchase and tax)
where Y is the national income and r is the interest rate.
Suppose the government purchase G is raised from 100 to 150, how much will this shift the IS
curve to the right?
Delta Y = Delta G times multiplier
This will shift the IS curve to the right by
50 / (1 − 0.6) = 125.
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