An equation for Aggregate Expenditure is: AE = $3600 0.8Y, In equilibrium, Income 'Y' = Aggregate Expenditure 'AE! Solve for Y. Y $

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Q: The question.

A: Price Quantity demanded Total revenue 5.40 0 0 4.95 40 198 4.50 80 360…

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A: A progressive tax is a tax in which the tax rate increases as the taxable amount increases.

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A: The unemployment rate = 100*(number of unemployed workers/labor force)

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A: Cost=Quantity×Price     2017   2018   2019     Qty in basket Price Cost Price Cost Price Cost…

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A: Inflation rate can be calculated as follows.

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Q: Fill in the blank vC TC AFC AUC ATC MC 50 n/a nca 10 10 18 2. 30 80 16.62 20 36.67 30 100 12.50…

A: At zero quantity TC is 50 so fixed quantity is 50 TC=FC+VC AFC=TFC/Q AVC=TVC/Q ATC=AFC+AVC MC=∆TC/∆Q

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A: Marginal cost measures the change in total cost in order to produce and additional unit of output.