3. Complete the accompanying table.(a) What is the break-even level of income? How is it possible for households to dissave at verylow income levels?Level of outputand income(GDP = DI)Consumption SavingАРСAPSMPCMPS$2052$-$52302555280103051533020355253803040535

Complete the accompanying table. (a) What is the break-even level of income? How is it possible for houscholds to dissave at ve low income levels? Level of output and income (GDP = DI) Consumption Saving АРС APS MPC %3D MPS $205 $. -$5 230 255 5 280 10 305 15 330 20 355 25

Complete the accompanying table. (a) What is the break-even level of income? How is it possible for houscholds to dissave at ve low income levels? Level of output and income (GDP = DI) Consumption Saving АРС APS MPC %3D MPS $205 $. -$5 230 255 5 280 10 305 15 330 20 355 25

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

3. Complete the accompanying table.
(a) What is the break-even level of income? How is it possible for households to dissave at very
low income levels?
Level of output
and income
(GDP = DI)
Consumption Saving
АРС
APS
MPC
MPS
$205
2$
-$5
230
255
5
280
10
305
15
330
20
355
25
380
30
405
35

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Figure: Supply of Loanable Funds) Use Figure: Supply of Loanable Funds. When the interest rate rises from 6% to 8%, the: Interest -ate (%) 12 10 8 6 4 2 S 0 10 20 30 40 50 60 70 80 90 Loanable funds (billions of dollars) O quantity of loanable funds supplied falls by $20 billion. supply of loanable funds falls by $10 billion... quantity of loanable funds supplied rises by $20 billion. O supply of loanable funds rises by $20 billion.
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2. Assume: Yd = $ 5000 billion %3D b = .95 a = $ 520 billion A)What is consumption (C) ? B)What are savings (S) ? C)What is APC ? D)What is APS ?
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4) Listen Consumption per period (billions of dollars) 券 $1,600 1,400 Consumption 1,200 శ్రీఎనాలడ్ =శ 1,000 800 400 200 $400 800 1,200 1,600 2,000 2,400 Disposable personal income per period (billions of dollars) Reference: Ref 11(26)-3 Figure: Consumption and Disposable Personal Income (Figure: Consumption and Disposable Personal Income) Use Figure: Consumption and Disposable Personal Income. When disposable personal income is $2,000 billion, consumption is billion.
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pls also do the graph
bon 1 Real GDP ered 100 75 25 95 10 1 ed out of 200 150 25 95 10 300 225 25 95 10 31 ag question 400 300 25 95 10 4 500 375 25 95 10 600 450 25 95 10 9. 700 525 25 95 10 7 800 600 25 95 10 8. 900 675 25 95 10 6. 25 95 10 10 1000 750 In the above table, C is consumption expenditure, / is investment, G is government expenditure, X is exports, and M is imports. All entries are in dollars. If investment increased by $26 to $51 then equilibrium expenditure will Select one: Oa. decrease by $100, Ob. increase by $100. Oc increase by $25. Od. decrease by $50. 2.
do fast.
QUESTION 14 Expenditures, Income Price level 60 50 40 30 20 10 80 70 60 50 40 30 20 10 0 0 0 10 Qe Qf0 40 50 LRAS 10 Qe20 Qf 30 O (d) All the above. O (e) Only (a) and (b) are true O (f) None of the above. AE1 AE* ΑΕo real GDP = Q ADO AS AD1 40 50 real GDP = Q 14. Which of he following statements accurately explain the scenario illustrated by these diagrams? O (a) Assuming ADo and AEo are the original positions of the AD and AE curves respectively, the original situation illustrated is a recessionary gap of 10. O (b) To restore full-employment equilibrium Aggregate Expenditures must be increased to AE1 which is equivalent to shifting the AD curve to AD1 O (c) Because the short-run Aggregate Supply (AS) curve is upward sloping, the shift in AD will be associated with some products price inflation. This will cause the AE curve to decline from AE1 to AE* because of the wealth, interest rate, and trade effects of inflation.
25. Suppose that in a closed economy GDP is 10,000, consumption is 6500, and taxes are 2000. What value of government expenditures would make national saving equal 1000? OA. 2500 B. 3500 C. 7500 D. 9000