5. Calculate the before and after consumer surplus (CS) from a tax, before and after producer surplus (PS) from the tax, Tax revenue from the tax, deadweight loss from the tax, when Pbuyers price=$6.80, Psellers price=$5.30, P*= $6.10, Dintercept=$8.60, Sintercept=$2.15, Qwith tax =2500, and Qwithout tax=4200.

.)  In the “medium-run” where both product and asset markets have enough time to adjust, what will happen to the $-yen exchange rate E $/yen and US output if government spending (G), the foreign price level, and the domestic price level all rise?

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