Need answer with explaination pls Consider a simple macro model with a constant price level and demand-determined output. The equations of the model are: C = 50 + 0.35Y, I= 150, G = 290, T= 0,X= 100, IM = 0.06Y. A national income of 1,000 results in desired aggregate expenditure ofO A. 650O B. 1,000OC. 590O D. 460O E. 880

As given, C=50+0.35YI=150G=290X=100IM=0.06YTherefore, Aggregate Expenditure=C+I+G+NXwhere, NX=X-IM

Answered: Consider a simple macro model with a…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

The laboriousness for the year will be 457000 standard/hours. The planned fund of working time for one worker is 1850 hours per year, and the planned fulfilment of production standards is 105%. Figure out the number of workers.
what do you think about NFTs in the market, is there and need for them? And what are some concerns regarding NFT in the public are the ethical correct?
Number of wells Total water output (in 1000s of liters/day TR TC AVR Profit 0 0 0 0 0 0 10 100 10000 600 1000 9400 20 200 20000 1200 1000 18800 30 280 28000 1800 933.3 26200 40 340 34000 2400 850 31600 50 380 38000 3000 760 35000 60 400 40000 3600 666.7 36400 70 400 40000 4200 571.4 35800 80 380 38000 4800 475 33200 90 340 34000 5400 377.8 28600 Use your graph and the data in your table to identify the economically efficient numberof wells (Hint: What is the profit maximizing number of wells?)
Price Pt Pc E V K W O G H X Quantity Multiple Choice y Z Refer to the diagram, where Sø and Dd are the domestic supply and demand for a product and Pc is the world price of that product. Sd+ Q is the product supply curve after an import quota is imposed. The size of the import quota is vy. Sd Sd+Q
44 69 108% INFRASTRUCTURE AT BREAKING POINT WATER 2012 Present demand POWER 1,020 MGD Present supply 6,400 2,000mw Delhi's own power generation (installed capacity) MW 845 MGD Additional unutilized treatment capacity Expected peak 25% power demand in 2013 Average increase in power consumption 180MGD every year 2021 PARKING of the city's urbanized area required for 11% 1450 MGD 1925- 1300 MGD car parking Delhi has registered cars per 1,000 people 130忡忡 Expected Expected demand MODmon ealons er Ny 区中

Calculate Net value added at the factor cost
PLS HELP ASAP ON BOTH
A competitive industry has production processes that generate pollution. okay with studies carried out on the affected population, the marginal costs associated with contamination are constant and 500 u.m. for each unit of the good produced. These costs are associated with lost working days, illness treatment costs and the nuisance generated in the population. Currently the production level of the industry is 250 units and the market price is 1500 (um/unit). Market studies carried out by the firms estimate that if the price rises at 1,800 (mu/unit) the quantity demanded would drop to 200 units and the marginal cost of production of each firm at this new production level is 1,300 (m.u./unit). assume linearity in market demand and in the marginal costs of production of the firms. Graph to justify your answers. )Determine the level of tax that would have to be applied to production to achieve the social optimum.
A company spends $14.7 million dollars for an office building. Over what period should the cost be expensed? O After $14.7 million in revenue is recognized. O When the $14.7 million is expended in cash. O Over the useful life of the building. O All in the first year. ttempts: 0 of 1 used Submit A
Explane the stages a bill must go throught to become an Act of Parliament and the main advantanges of the parliamentary law making process in UK .
List atlist 3 of the primary sources useIn "Embrace Today " Explain each 1 briefly.
Consider these two alternatives.Alternative A Alternative BCapital investment OMR 6000 7500Annual revenues OMR 1800 2250Annual expenses OMR 500 750Estimated market valueOMR1200 1600Useful life 10 10MARR 12% 1. Recommend which alternative should be selected.2. How much capital investment of the expensive alternative have to vary so that theinitial decision would be reversed.

SEE MORE QUESTIONS

Recommended textbooks for you

ENGR.ECONOMIC ANALYSIS

Economics

ISBN:

9780190931919

Author:

NEWNAN

Publisher:

Oxford University Press

Principles of Economics (12th Edition)

Economics

ISBN:

9780134078779

Author:

Karl E. Case, Ray C. Fair, Sharon E. Oster

Publisher:

PEARSON

Engineering Economy (17th Edition)

Economics

ISBN:

9780134870069

Author:

William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

Publisher:

PEARSON

ENGR.ECONOMIC ANALYSIS

Economics

ISBN:

9780190931919

Author:

NEWNAN

Publisher:

Oxford University Press

Principles of Economics (12th Edition)

Economics

ISBN:

9780134078779

Author:

Karl E. Case, Ray C. Fair, Sharon E. Oster

Publisher:

PEARSON

Engineering Economy (17th Edition)

Economics

ISBN:

9780134870069

Author:

William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

Publisher:

PEARSON

Principles of Economics (MindTap Course List)

Economics

ISBN:

9781305585126

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

Managerial Economics: A Problem Solving Approach

Economics

ISBN:

9781337106665

Author:

Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:

Cengage Learning

Managerial Economics & Business Strategy (Mcgraw-…

Economics

ISBN:

9781259290619

Author:

Michael Baye, Jeff Prince

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS

Consider a simple macro model with a constant price level and demand-determined output. The equations of the model are: C= 50 + 0.35Y, I= 150, G = 290, T=0, X= 100, IM = 0.06Y. A national income of 1,000 results in desired aggregate expenditure of O A. 650 O B. 1,000 OC. 590 O D. 460 O E. 880