dule 9 Quill 06Output and Consumption (in millions of dollars)Real GDP (Y)Consumption (C)Gross Investment (1)42289Government Purchases (G)7AskNet Exports (NX)-2What is the equilibrium level of ouput?McGrawHillMultiple ChoiceO$42 millionOO$28 million$84 million$14 millionSaveda@#$%&23456741\

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Answered: dule 9 Quill 0 6 Output and Consumption…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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3. What is equilibrium income ($output), ye? $6,900 $3,450 $5,450 $5,050 $2,050
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.
9:20 197% O a 36l Show Timer ¥ Question Completion Status: yovtmItni taptists DIVIDENDS 70 net investment expenditure 300 find the value of the following accounts : 1- national savings ? 2- Business savings ? 3- Government savings ? 4- Retained profit? 5- Depreciation ? ) A Moving to another question will save this response. « K Question 2 of 9 Il>
When there's an increase in the cost of electricity for operating firms machines: O a. The investment demand curve will shift to the right O b. The consumption schedule will shift downward O c. The saving schedule will shift downward O d. The investment demand curve will shift to the left
The technology matrix for an economy based on agriculture A and manufacturing Mis: M or alternatively A t 1 0.6 0.2 A- M- M 0.3 0.6 A→ Find the output for each sector that is needed to satisfy a final demand of $44 million for agriculture and $30 million for manufacturing, using the alternative technology matrix GILD M 1 The alternative technology matrix is Use the alternative technology matrix to find the output for the agricultural sector that is needed. milions of dollars Use the alternative technology matrix to find the output for the manufacturing sector that is needed. millions of dollars Using the original technology matrix, 236 millions of dollars of output from the agricultural sector satisfied the final demand. Using the original technology matrix 252 millions of dollars of output from the manufacturing sector satisfied the final demand. Discuss any differences in your calculations and in your answers. O Different ways of looking at an economy should give afferent answers and…
Table 7-3 (in $ billion) consumption $1,100.00 %3D inventory investment = $460.00 purchased of new capital goods = $560.00 government purchases = $300.00 %3D exports = $20.00 %3D imports $33.00 %D purchased of new residential housing = $58.00 %3D Refer to Table 7-3, GDP equals O $2,165.00 O $2,432.00 O $2,465.00 O $2,425.00
Question: How can there be "Autonomous Spending" even when a person has zero income? O a) All of the above are correct. b) People need to consume at least a minimum to stay alive. UO People need a certain level of consumption even if they do not have income. O d) People spend money from their savings, borrowing or from unemployment or pension pay.
Question 14 Payments to households not in exchange for goods and services currently produced are: O a consumption expenditures O b.investment expenditures Oc transfer payments. Od government purchases.
Which is not a Final Use Component of the Use Table: O a. Household final consumption expenditure O b. Government final consumption expenditure. O c. Depreciation O d. NPISHs final consumption expenditure. An identity of the Supply and Use Table is: Total Output > Total Input O b. Total Supply > Total Use O c. Total Supply < Total Use O d. Total Output = Total Input a.
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Using the data in the table, gross domestic product equals O A. $2,150. B. $1,920. O C. $2,400. O D. $1,940. Corporate profits Net interest Indirect taxes less subsidies Depreciation Compensation of employees Proprietor's income Rental income Personal consumption expenditures Government expenditure on goods and services Net exports of goods and services $200 150 230 250 1,350 150 70 1,400 500 40

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