14. Find the equilibrium level of GDP in an economy in which investment is always 200 and the consumption function is C = 120 + 0.6Y. 7000 800 700 8000

Q: Find the disposable income when the consumption is $210 in the saving our $ 190

A:

Q: Suppose the cor increase in gover

A: Initial consumption:The consumption function is given as C = 100 + 0.9(Y-T).We are given that…

Q: What is the level of saving if: The MPC equals .9, disposable income rises from $ 800 to $ 900, and…

A: The marginal propensity of consumption and savings is the proportion of the disposable income that…

Q: in a simple economy, the savings function In this economy, equilibrium GDP is $ (Round your answer…

A: Y=C+I where, Y stand for total expenditure C stand for consumption expenditure I stand for…

Q: If the consumption function in the economy is given as C = 400 + 0.6(Yd), what is the MPS? a. 0.6…

A: MPC = coefficient of Yd = 0.6 MPS = 1 - MPC = 1 - 0.6 = 0.4

Q: Assume:     Yd  = $ 5000 billion      b = .95      a = $ 520 billion A)What is consumption (C) ?…

A: The consumption function, often referred to as the Kanezian consumption function, is an economic…

Q: Given this diagram; what is the level of G (government purchases of goods and services)? 18. Given…

A: The given diagram has 6 curves; i.e., AE, C, I, G, Xn, and SCurve AE represents the aggregate…

Q: 3.Draw a graph representing a hypothetical economy. Carefully label the two axes, the S + T + IM…

A: Since you have not mentioned which question you require an answer for, as per our standard procedure…

Q: 5) Mrs. Gizem has a salary of 10 000 TL per month. Assuming that her autonomous (zero-income level)…

A: Here, we calculate the given as follow;

Q: For a country's economy as a whole, consumption is a linear function of its national income as…

A: Consumption is a linear function of its national income.  i.e., C = Ca + MPC * (Y) Where C is the…

Q: 9.   Refer to the graph above to answer this question. What is the value of autonomous overall…

A: Reading Values from the GraphAutonomous government spending (G) = 200Autonomous investment spending…

Q: 5. Explain the difference between investment as the term is used by most people and investment as…

A: Investment- Investment means to invest the money in productive and non productive activities to…

Q: The table shows disposable income and saving in an economy. Calculate consumption expenditure at…

A: 1. **Calculating Consumption Expenditure**: Consumption expenditure is the portion of disposable…