a. Complete the AE column. YD с S 0 60 -60 20 -80 300 75 225 110 115 600 90 510 200 310 900 105 795 290 505 1,200 128 1,080 380 700 Y T I 80 80 T= C = XN = AE = 80 80 (Click to select) (Click to select) 80 G 122 122 122 (Click to select) (Click to select) 122 122 X 150 150 150 150 150 IM 80 89 98 107 116 b. Write out expressions for the tax function, the consumption function (related to national income [Y]), the net export function, and the AE function. Round your answers to 2 decimal places. XN (Click to select) v (Click to select) (Click to select) (Click to select) 70 61 52 43 34 AE c. Use algebra to find out the value of equilibrium income. Round your answer to the nearest whole dollar. Equilibrium income is $
a. Complete the AE column. YD с S 0 60 -60 20 -80 300 75 225 110 115 600 90 510 200 310 900 105 795 290 505 1,200 128 1,080 380 700 Y T I 80 80 T= C = XN = AE = 80 80 (Click to select) (Click to select) 80 G 122 122 122 (Click to select) (Click to select) 122 122 X 150 150 150 150 150 IM 80 89 98 107 116 b. Write out expressions for the tax function, the consumption function (related to national income [Y]), the net export function, and the AE function. Round your answers to 2 decimal places. XN (Click to select) v (Click to select) (Click to select) (Click to select) 70 61 52 43 34 AE c. Use algebra to find out the value of equilibrium income. Round your answer to the nearest whole dollar. Equilibrium income is $
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
11
![d
OK
The data in the table below are for the economy of Nubia.
a. Complete the AE column.
BIG SPEAK
YTR
C
S
20 -80
225 110
115
310
510 200
900
105
795
290 505
1,200 120 1,080 380 700
Y
0
300
600
T
YD
60 -60
75
90
T=
C =
XN =
I
80
80
80
122
80
122
80 122
AE =
(Click to select)
(Click to select)
G
X
122 150
80
150
89
150
98
150 107
150 116
b. Write out expressions for the tax function, the consumption function (related to national income [Y]), the net export function, and the
AE function. Round your answers to 2 decimal places.
(Click to select)
(Click to select)
122
IM
(Click to select) M
(Click to select)
(Click to select)
(Click to select)
L
XN
70
61
52
43
34
c. Use algebra to find out the value of equilibrium income. Round your answer to the nearest whole dollar.
Equilibrium income is $1
AE
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Transcribed Image Text:d
OK
The data in the table below are for the economy of Nubia.
a. Complete the AE column.
BIG SPEAK
YTR
C
S
20 -80
225 110
115
310
510 200
900
105
795
290 505
1,200 120 1,080 380 700
Y
0
300
600
T
YD
60 -60
75
90
T=
C =
XN =
I
80
80
80
122
80
122
80 122
AE =
(Click to select)
(Click to select)
G
X
122 150
80
150
89
150
98
150 107
150 116
b. Write out expressions for the tax function, the consumption function (related to national income [Y]), the net export function, and the
AE function. Round your answers to 2 decimal places.
(Click to select)
(Click to select)
122
IM
(Click to select) M
(Click to select)
(Click to select)
(Click to select)
L
XN
70
61
52
43
34
c. Use algebra to find out the value of equilibrium income. Round your answer to the nearest whole dollar.
Equilibrium income is $1
AE
< Prev
Search
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EMER
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