Consider the following keynesian small open economy co 170 +0.714 4240 - 1000 G = 30 NX = 70 -0.11Y - 80 M = 79 L = 0.47-3001 Y = 400 In this economy, the real interest rate does not deviate from the foreign interest rate. Note that if this economy is in general equilibrium, the value of the interest rates 0.27 and the price level is P=1 c. Assuming flexible exchange rates and a fixed domestic price level, the foreign interest rate increases by 0.04, then domestic output becomes (Type an integer or a decimal rounded to two decimal places as needed.)

pur-new-sol

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