For the data in the following table, the consumption function is C = 800 + 0.6(Y – T). Fill in the columns in the table and identify the equilibrium output.     Output Net Taxes Disposable Income Consumption Saving Planned Investment Government Expenditure Planned AE Unplanned Inventory change 2100 100       300 400     2600                 3100                 3600                 4100                 4600

Q: 12 10- 8 6 4 2 0 tion expenditure Tons of lars) CF₁ CFO CF2 3 6 9 12 Disposable income (trillions of…

A: Refer to the figure above, which of the following events could result in the consumption function…

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Q: Equilibrium GDP( Y) 5 points Disposable Income (Yo) 5 points 1. 2. Consumption Spending (C) 5 points…

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A: Disposable income is the income available with the household sector for the consumption purpose. The…

Q: Question. Suppose in an economy, autonomous investment (1) is $ 600 crores and the following…

A: Answer:   Hence income i.e I = 600

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Q: None

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Q: Consider the Savings-Investment model involving: The Savings function: S = S0+s1Y+s2r; and the…

A: Equilibrium occurs at a point where : AD = AS  C + I = C + S  Cancelling C from both sides we get ,…

Q: Consider an economy in which autonomous consumption, planned autonomous investment, autonomous…

A: Given, Autonomous consumer spending =$3,000  Investment = Ip = $5,000 Government spending = G =…

Q: (o Calculate MPC, MPS and APC from the following data: Income (Y) Consumption 100 95 110 104

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Q: Real-Time Data Analysis Exercise The following table contains income and consumption data from FRED"…

A: When consumption is higher than disposable income, there is a Dissaving.

Q: DI (1) C $0 10 20 30 40 50 $4 11 DI 18 25 32 (2) с $0 SO $2 80 20 20 160 40 38 240 60 56 320 80 74…

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A: Consumption function: C = Ca + bYD  where YD = Y - T = Y - tY, and b: MPC = 1 - MPS = 1 - 0.1 = 0.9…

Q: Fill in the missing values in the following table. Assume that the value of the MPC does not change…

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A: GIVEN   National income                Y = 5,200 Disposable income              YD = 4,400…

Q: By how much will consumption change if disposable income in the economy changes by -447?

A: Here  C = 0.81(Yd) + $707.13 here the Yd is the disposable income  0.81 is the marginal propensity…

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Q: Complete the following table for the consumption function: C = $800+ 0.80 Y. (Round all answers to…

A: Here the Average propensity to consume is defined by the formula :- C/Y C = 800 + 0.8Y APC = C/Y C/Y…

Q: Desired Aggregate Expenditure (AE) 1000 650 325 0 FIGURE 22-3 Actual National Income (Y) 45° C =…

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Q: Equations for C, I, G, and NX are given below. If the equilibrium level of GDP is $32,000, what will…

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Q: C = 450 + 0.4Y I = 350 G = 150 X = 70 Z = 35 + 0.1Y T = 0.15Y Yf = 1550 Q.2.1 Calculate the level…

A: Given, Consumption, (C) = 450 + 0.4Y  Investment, (I) = 350 Government spending, (G) = 150 Exports,…

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A: The correct alternative for the aforementioned question is (C).

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