1 B/ Consider the Open Economy with Government Participation (i.e. the Mixed Economy):Planned Expenditures: AE = C +1+ G +X - IMConsumption: C = 346 + 0.8 (Y- T)%3DNet Tax Revenue: T = 110 + 0.22 YGross Investment: I = 520Government Expenditures: G = 770Exports: X = 843%3DImports: IM = 114 + 0.09 YPotential Output: Yp = 4,872For answers with decimals, use two (2) decimal places.Part 7: We can write the Aggregate Expenditures equation as: AE = 22770.09(Y).+Part 8: Calculate the Expenditures Multiplier for the Mixed Economy. 4.55Part 9: Calculate the Autonomous Tax Multiplier for the Mixed Economy. 0.41Part 10: Calculate the Balanced-Budget Multiplier for the Mixed Economy. 4.14Part 11: Calculate the equilibrium ouput (Yº) for the Mixed Economy. -10705Part 12: Calculate the change in Government Expenditures (AG) required to close the output gap (Yf-Ye). NumberPart 13: Calculate the change in autonomous Taxes (ATo) required to close the output gap (Yf-Ye). NumberPart 14: The expenditures multiplier Numberfor the Open Economy with Government Participation (Mixed Economy) isthe expenditures multiplier Numberfor the Closed Economy with no Government ParticipationClick for Listbecause Click for ListPart 15: Calculate Total Injections at the equilibrium rate of output: NumberPart 16: Calculate Total Leakage at the equilibrium rate of output: Number B/ Consider the Open Economy with Government Participation (i.e. the Mixed Economy):Planned Expenditures: AE = C +1+ G +X - IMConsumption: C = 346 + 0.8 (Y- T)Net Tax Revenue: T = 110 + 0.22 YGross Investment: I = 520Government Expenditures: G = 770Exports: X = 843Imports: IM = 114 + 0.09 YPotential Output: Yp = 4,872For answers with decimals, use two (2) decimal places.Part 7: We can write the Aggregate Expenditures equation as: AE = 22770.09(Y).+Part 8: Calculate the Expenditures Multiplier for the Mixed Economy. 4.55Part 9: Calculate the Autonomous Tax Multiplier for the Mixed Economy. 0.41Part 10: Calculate the Balanced-Budget Multiplier for the Mixed Economy. 4.14Part 11: Calculate the equilibrium ouput (Y®) for the Mixed Economy.-10705Part 12: Calculate the change in Government Expenditures (AG) required to close the output gap (Yf-Ye). NumberPart 13: Calculate the change in autonomous Taxes (ATo) required to close the output gap (Yf-Ye). NumberPart 14: The expenditures multiplier Numberfor the Open Economy with Government Participation (Mixed Economy) isClick for Listthe expenditures multiplier Numberfor the Closed Economy with no Government Participationlarger thanequal tosmaller thanections at the equilibrium rate of output: Numberindeterminate withindistinguishable fromakage at the equilibrium rate of output: Number

Dear student, you have asked multiple sub-part questions in a single post.In such a case, I will be…

B/ Consider the Open Economy with Government Participation (i.e. the Mixed Economy): Planned Expenditures: AE = C +1+ G +X - IM Consumption: C = 346 + 0.8 (Y- T) Net Tax Revenue: T = 110 + 0.22 Y Gross Investment: I = 520 Government Expenditures: G = 770 Exports: X = 843 Imports: IM = 114 + 0.09 Y Potential Output: Yp = 4,872 For answers with decimals, use two (2) decimal places. Part 7: We can write the Aggregate Expenditures equation as: AE = 2277 + 0.09 (Y). Part 8: Calculate the Expenditures Multiplier for the Mixed Economy. 4.55 Part 9: Calculate the Autonomous Tax Multiplier for the Mixed Economy. 0.41

B/ Consider the Open Economy with Government Participation (i.e. the Mixed Economy): Planned Expenditures: AE = C +1+ G +X - IM Consumption: C = 346 + 0.8 (Y- T) Net Tax Revenue: T = 110 + 0.22 Y Gross Investment: I = 520 Government Expenditures: G = 770 Exports: X = 843 Imports: IM = 114 + 0.09 Y Potential Output: Yp = 4,872 For answers with decimals, use two (2) decimal places. Part 7: We can write the Aggregate Expenditures equation as: AE = 2277 + 0.09 (Y). Part 8: Calculate the Expenditures Multiplier for the Mixed Economy. 4.55 Part 9: Calculate the Autonomous Tax Multiplier for the Mixed Economy. 0.41

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter31: The Impacts Of Government Borrowing

Section: Chapter Questions

Problem 14RQ: What are some fiscal policies for improving the technologies that the economy will have to draw upon...

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What are some fiscal policies for improving the technologies that the economy will have to draw upon in the future?
Table 24.8 All Figures in Billions of Dollars Consumption Spending Output KIncome) Net Taxes (C= 100 + 0.9Yd) Savings 2,600 2,800 3.000 3,200 3.400 3,600 3,800 100 100 100 100 100 100 100 2,350 2,530 2,710 2,890 3,070 3,250 3,430 150 170 190 210 230 250 270 Planned Investment Purchases 150 150 150 150 150 150 150 Government Spending 200 200 200 200 200 200 200 Refer to Table 24.8 If taxes are reduced from $100 billion to $50 billion, the new equilibrium level of output is Lutfen birini seçin O A $3.850 billion OB SL,600 billion O C SLB00 billion OD $2.100 billion OE $4.050 billion
Only typed answer Suppose that an economy has the following functions for C, I, G, and NX: C= 51 + 0.89V I = 47 €=35 NX=12-0.10Y and the local tax rate is equal to 28%. What is the Simple Multiplier in this case?
A2) Economics Assuming that the government intends to adopt a ride-sharing scheme to solve the problem of rush hour traffic congestion, the ride-sharing scheme is therefore evaluated. Known: B0 = 0, Bt = 60, t = 1, 2,… (for a perpetual gain); C0 = 1,000, Ct = 0, t = 1, 2,…. Among them, t represents the year, and Bi and Ci are divided into the benefit and cost of the i-th year. Assuming that inflation and government taxation are not considered, if the discount rate is 5%, try to use the present value criterion, the internal rate of return and the profit-to-price ratio method to evaluate whether this multiplication plan is feasible?
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Explain the economic circumstances in which you think the benefits of increased infrastructure spending would outweigh the costs?
Assume there are only two producing sector Y & Z in an economy. Calculatea) Gross value added at market price by each sector b) National income from the followings:Items Amount in CroresNet factor income from abroad- 20Sales by Y= 1000Sales by Z= 2000Change in stock of Z= -200C Closingstock of Y= 50 Opening stock of Y= 100Consumption of fixed capital by Y & Z= 180Indirect taxes paid by Y & Z= 120Purchase of raw material by Y= 500Purchase of raw material by Z= 600Exports by Z= 70
(a) Consider a closed economy whose desired savings (Sd) and desired investment (Id) are given by the following expressions: CC₂ rd where r denotes the real interest rate. Find the equilibrium in the Goods market for this economy, and represent it in a graph. From now on, suppose there are two large Countries in the world, say Canada (Ca) and the United States (US). Ca (b) To start with, assume that both Countries are closed economies. Their desired consumption (Cd) and desired investment (I) are given by: Cus Its Sd Id = = = = 100+ 600r 170 - 400r 10+ cca (Yca Tca) - 100r 15 - 100r 40+ cus (Yus - Tus) - 200r = 230 - 200r Moreover, output (Y), taxes (T), public expenditure (G), and the marginal propensity to consume (c) are as follows:
Table 24.8 All Figures in Billions of Dollars Comsumption Spending Imcome) Net Taxes (C=100 + 0.9Yd) 2,350 2,530 2,710 2,890 3,070 3,250 3,430 Planned Investment Purchases 150 150 150 150 150 150 150 di Output Savings 150 170 190 210 230 250 270 Government Spending 200 200 200 200 200 200 200 en 2,600 2,800 3,000 3,200 3,400 3,600 3,800 100 100 100 100 100 100 100 aretle Refer to Table 24.8. The economy is at the equilibrium level of output. If government spending increases by $200 billion, the new equilibrium level of output is Lütfen birini seçin: O A. $4,400 billion O B. $4,000 billion OC $5,600 billion O D. $4,600 billion. O E $3,800 billion