- Consider an economy described by the following equations: Y = C +1 + G AND, Y = 20,000; G = 4,000; T = 4,000; C = 1000 + 0.80(Y – T); : I= 2,500 – 120r. national saving AND the equilibrium real interest rate equal: Select one: O a. national saving 3200 AND the equilibrium real interest rate 2.5%. O b. national saving 2200 AND the equilibrium real interest rate 2.5%. O .national saving 2500,AND the equilibrium real interest rate 2%. O d. national saving 4000 AND the equilibrium real interest rate 1.5%.

- Consider an economy described by the following equations: Y = C +1 + G AND, Y = 20,000; G = 4,000; T = 4,000; C = 1000 + 0.80(Y – T); : I= 2,500 – 120r. national saving AND the equilibrium real interest rate equal: Select one: O a. national saving 3200 AND the equilibrium real interest rate 2.5%. O b. national saving 2200 AND the equilibrium real interest rate 2.5%. O .national saving 2500,AND the equilibrium real interest rate 2%. O d. national saving 4000 AND the equilibrium real interest rate 1.5%.

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: Savings,investment And The Financial System

Section: Chapter Questions

Problem 3PA

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The following national accounting data are available for an economy for 2020. $ Billion GDP 950 Household Consumption Government Consumption 650 150 Government Investment Direct and Indirect Taxes 170 Subsidies by government 20 Government Transfer Payments 30 Government Interest Payments 10 Retained Earnings Net Exports What is the level of national saving in this economy? Select one: а. 250 O b. 210 O c. 190 d. 200 e. 150
Assume the following information for an imaginary, closed economy. GDP - $100,000; taxes - $22,000; government purchases - $25,000; national saving = $15,000. Refer to the above Scenario. For this economy, private saving amounts to 1) $22.000. 2) $18.000. O 3) $15.000. 4) $37,000.
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Suppose that every additional 3 percentage points in the investment rate boosts GDP growth by 1 percentage poi Assume also that all investment must be financed with consumer saving. Note: Investment rate= Investment/GDP The economy is currently characterized by Consumption: $7 trillion Saving (= Investment): $2 trillion = GDP: $9 trillion If the goal is to raise the growth rate by 2 percentage points, a. by how much must investment increase? b. by how much must consumption decline? PLEASE SHOW YOUR WORK. BILLIONS BILLIONS
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O E. $3,145. The Italian economy can be characterized by Equation 24.1. EQUATION 24.1: C =300 + 0.8Yd G = 400 T = 200 I = 200 Refer to Equation 24.1. At the equilibrium level of output in Italy, saving equals Lütfen birini seçin: O A. $350 O B. $450. O C. $500. O D. $550 O E $400 SONRAKİ SA
Suppose that in a closed economy GDP is equal to 15,000, government purchases are equal to 3,000, consumption equals 10,500, and taxes equal 3,500. What are private saving and public saving? 1,500 and -500, respectively 1,500 and 500, respectively 1,000 and -500, respectively 1,000 and 50O, respectively
:55 Suppose that every additional 3 percentage points in the investment rate boosts GDP growth by 1 percentage point. Assum all investment must be financed with consumer saving. Investment rate = investment GDP. The economy is now characterized by. Consumption: Saving (= Investment): GDP: $ 8 trillion $ 2 trillion $ 10 trillion Instructions: Enter your responses as a whole number. If the goal is to raise the growth rate by 1 percentage point, a. by how much must investment increase? billion
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