1. Based on the following information: C = 40 +0.7Yd, T = Tg-R, I = 150, G = 250, Tg = 50, R = 35 a. calculate the equilibrium level of income (Ye). b. calculate the value of KG, KTg dan kr, where k is the multiplier. c. calculate the value of C, S dan T at Ye level. d. calculate the new equilibrium level of income if I increases by 10 percent. e. if G increases to 350 units and it is fully funded by the rise in T, what is the impact on Ye? f. if Tg increases to 65 units and R increases to 40 units, what is the effect on the level of Ye?
1. Based on the following information: C = 40 +0.7Yd, T = Tg-R, I = 150, G = 250, Tg = 50, R = 35 a. calculate the equilibrium level of income (Ye). b. calculate the value of KG, KTg dan kr, where k is the multiplier. c. calculate the value of C, S dan T at Ye level. d. calculate the new equilibrium level of income if I increases by 10 percent. e. if G increases to 350 units and it is fully funded by the rise in T, what is the impact on Ye? f. if Tg increases to 65 units and R increases to 40 units, what is the effect on the level of Ye?
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![1.
Based on the following information:
C = 40 +0.7Yd, T = Tg-R, I = 150, G = 250, Tg = 50, R = 35
a. calculate the equilibrium level of income (Ye).
b. calculate the value of KG, KTg dan kr, where k is the multiplier.
c. calculate the value of C, S dan T at Ye level.
d. calculate the new equilibrium level of income if I increases by 10 percent.
e. if G increases to 350 units and it is fully funded by the rise in T, what is the
impact on Ye?
f. if Tg increases to 65 units and R increases to 40 units, what is the effect on the
level of Ye?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F23032a5c-994b-4bcf-8d29-5dfebbeb4c46%2F65868b7d-cb45-4553-a024-560f7d134161%2Fwavz959_processed.png&w=3840&q=75)
Transcribed Image Text:1.
Based on the following information:
C = 40 +0.7Yd, T = Tg-R, I = 150, G = 250, Tg = 50, R = 35
a. calculate the equilibrium level of income (Ye).
b. calculate the value of KG, KTg dan kr, where k is the multiplier.
c. calculate the value of C, S dan T at Ye level.
d. calculate the new equilibrium level of income if I increases by 10 percent.
e. if G increases to 350 units and it is fully funded by the rise in T, what is the
impact on Ye?
f. if Tg increases to 65 units and R increases to 40 units, what is the effect on the
level of Ye?
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