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

ENGR.ECONOMIC ANALYSIS
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Q8. 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

 

 

 

 

 

 

 

 

5100

 

 

 

 

 

 

 

 

 

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