Assume that X=375, M-500, I-800 and C-1,000 +0.8Yd, G-1200, and T- 800, where Yd is disposable income. Solve for the equilibrium level of output.
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![Assume that X=375, M=500, I-800 and C=1,000 +0.8Yd, G-1200, and T 800, where Yd is disposable
income. Solve for the equilibrium level of output.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F68f8b984-6c70-486b-a6c8-3c80b13a62a5%2F2121502c-bd15-4cdb-95ae-3f84e710f9c9%2Fdpkx13x_processed.jpeg&w=3840&q=75)
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- View History Bookmarks Tools Window Help Coy, Jonnifer - Outlo X C Martin County School District X S MyPath - Home Content https://ezto.mheducation.com/ ext/map/index.html?_con%3Dcon&external_browser%3D0&launchUrl=https%25 Saved Level of Output and Income (GDP= DI) Consumption Saving APC APS MPC MPS S480. $-16 520 560 16 60 32 640 48 680 64 720 80 760 96 800 112 Des Instructions: Enter your answer as a whole number. b. What is the break-even level of income in the table? What is the term that economists use for the saving situation shown at the $480 level of income? (Click to select) Y c. For each of the following items, indicate whether the value in the table is either constant or variable as income chanc The MPS: (Click to select) The APC: (Click to select) The MPC: (Click to select) The APS: (Click to select) aw Prev 1 of 1 JAN 11 %24The tax cuts of 2008 and 2009 reduced the disposable income of U.S. consumers. True or FalseC = 450 + 0.4Y I = 350 G = 150 X = 70 Z = 35 + 0.1Y T = 0.15Y Yf = 1550 Q.2.3 Calculate the equilibrium level of income
- Refer to the information provided in Table below to answer the question that follow. Planned Output Net Consumption Investment Government (Income) Taxes Spending Spending Purchases Y 100 500 400 150 150 150 150 50 50 1,000 1,500 2,000 2,500 100 800 100 100 1,200 1,600 2,000 50 50 50 100 150 Refer to Table At an output level of $2,500, there is an unplanned inventory Select one: a. change of $0. b. increase of $200 billion. C. decrease of $200 billion. O d. increase of $300 billion.3. Supply and demand for loanable funds The following graph shows the market for loanable funds in a closed economy. The upward-sloping orange line represents the supply of loanable funds, and the downward-sloping blue line represents the demand for loanable funds. Supply Demand 100 200 300 400 500 LOANABLE FUNDS (Billions of dollars) A INTEREST RATE (Percent) m 0 0 600If the supply of petroleum were reduced by petroleum firms due to rising inventories, we can expect what?
- Why/how has Covid-19 led to global economic recession?Use the graphs to illustrate the effect of a decrease in consumer income expectations on the consumption (C) function and the savings (S) function. Real consumption 500 450 400 350 300 250 200 150 100 50 0 0 50 C = DI с 100 150 200 250 300 350 400 450 500 Real disposable income (DI) Real savings 500 450 400 350 300 250 200 150 100 50 0 -50 -100 -150 0 50 100 150 200 250 300 350 Real disposable income (DI) S 400 450 500An economy is described by the following equations: Y = C + I, + G C = a + b(Y – T) T = tY %3D %3D Let a = 20,6 = 0.75, t = 0.25, I, = 100, G = 240 %3D (a) Determine the value of the multiplier for this economy, and find the equilibrium value of Y. (b) Find the values of C, T and G-T, given your answer to part (a). (c) Describe what would happen if the government tried to eliminate its budget deficit by undertaking a cut in G equal to the current value of G-T. HTML Editor B IUA A ▼ 回 深 D ¶ T 12pt Paragrap II
- How many points (out of the 6 shown) can be explicitly plotted to form the IS curve given the goods market equilibrium?A goods market equilibrium is shown below: A, B, C, D, E, F 32- A goods market equilibrium is shown below: S₁ (Y= 400) 28- Real Interest Rate, r (%) S2(Y=600) S3 (Y = 800) 226 24- A 20- B C 16- 12- E 4- 0- 0 l(r) F 50 100 150 200 250 300 Desired national saving / desired investment We recommend that you drow out the IS curve before answering9- 9 - What is the ratio of savings to disposable income called? a) MPS B) cY NS) APS D) MRI TO) NSAn economy shows the following featuresConsumption, C = 50 + 0.9YdTax Revenue, T = 100Investment, I = 150 – 5iGovernment Expenditure, G = 100Money demand, L = 0.2Y – 10iMoney Supply, M = 100Exports, X = 20Imports, M = 10 + 0.1YN/BYd is the disposable incomeRequired,(a) Obtain the IS and LM equations of the economy(b) Find the equilibrium income and rate of interest(c) Find the balance of trade
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