leakages is $ Round your answer to 2 decimal places. d. The value of the MPE in Arkinia is e. The value of the multiplier in Arkinia is f. Suppose that exports from Arkinia were to increase buto label it AE2. Remember to plat 280 Round your answer to 2 decimal places.
leakages is $ Round your answer to 2 decimal places. d. The value of the MPE in Arkinia is e. The value of the multiplier in Arkinia is f. Suppose that exports from Arkinia were to increase buto label it AE2. Remember to plat 280 Round your answer to 2 decimal places.
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter7: Production And Growth
Section: Chapter Questions
Problem 5CQQ
Related questions
Question
Please answer letter D and E only.
![The table below shows some of the expenditure amounts in the economy of Arkinia. The MPC, the MTR, and the MPM are all constant,
as are the values of the three injections.
a. Complete the table below.
3 SPEAK
STR
Y
B
100
200
300
400
500
600
700
800
T
800
60
201
40
80
100
120
140
160
180
YD
60
-20
140
220
300
380
460
540
620
с
130
195
65
260
325
이
390
455
520
The Economy of Arkinia
S
[ -20
-5
10
2
40
100
25
55
70
85
AE₁
AE2
I
50
50
50
50
50
50
50
Tools
50
50
V-AF
AF-
< Prev
Search
G
180
180
180
B
180
180
180
180
180
180
50
50
50
50
50
50
50
50
50
12 of 18
IM
Draw a 45° line (labelled Y) and the aggregate expenditure function, labelled AE1. Identify expenditure equilibrium with the letter e1.
Use the tool "e1" to show the expenditure equilibrium. Plot only the endpoints of Y and AE. Once all points have been plotted, click on
the line (not individual points) and a tool icon will pop up. You can use this to enter exact co-ordinates for your points as needed.
SAMSUNG
40
50
60
10
20
30
70
80
90
Next >
XN
30
-40
40
20
10
0
10
-15
-30
AE
270
325
380
435
490
545
600
655
710](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F489fd232-2439-4a45-bf56-d30e324831e5%2Fb509bbd2-6791-4f49-bc59-c57d7cb84e47%2F02oh9cv_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The table below shows some of the expenditure amounts in the economy of Arkinia. The MPC, the MTR, and the MPM are all constant,
as are the values of the three injections.
a. Complete the table below.
3 SPEAK
STR
Y
B
100
200
300
400
500
600
700
800
T
800
60
201
40
80
100
120
140
160
180
YD
60
-20
140
220
300
380
460
540
620
с
130
195
65
260
325
이
390
455
520
The Economy of Arkinia
S
[ -20
-5
10
2
40
100
25
55
70
85
AE₁
AE2
I
50
50
50
50
50
50
50
Tools
50
50
V-AF
AF-
< Prev
Search
G
180
180
180
B
180
180
180
180
180
180
50
50
50
50
50
50
50
50
50
12 of 18
IM
Draw a 45° line (labelled Y) and the aggregate expenditure function, labelled AE1. Identify expenditure equilibrium with the letter e1.
Use the tool "e1" to show the expenditure equilibrium. Plot only the endpoints of Y and AE. Once all points have been plotted, click on
the line (not individual points) and a tool icon will pop up. You can use this to enter exact co-ordinates for your points as needed.
SAMSUNG
40
50
60
10
20
30
70
80
90
Next >
XN
30
-40
40
20
10
0
10
-15
-30
AE
270
325
380
435
490
545
600
655
710
![BIG SPEAK
eXTR
and if th
ind i
27 THER
+
5ls
&
b. The value of equilibrium income is $
c. At equilibrium, the value of total injections is $ 280 and of total leakages is $
d. The value of the MPE in Arkinia is. Round your answer to 2 decimal places.
e. The value of the multiplier in Arkinia is. Round your answer to 2 decimal places.
f. Suppose that exports from Arkinia were to increase by $90. Draw the new aggregate expenditure function on the graph above, and
label it AE2. Remember to plot only the endpoints of AE2.
g. The value of the new equilibrium income is $ 800
28 29
32425292
d appropriat
w
8490385
2-822 RA
a vie mu
BER
28493
and to w
nuary and February we
Spring Break-c
Principal's Message - March 2023
Sound Kreations dan
600
< Prev
O Search
March, 2023
of
Calgary Board 206 Race D
12 of 18
SAMSUNG
280
Next >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F489fd232-2439-4a45-bf56-d30e324831e5%2Fb509bbd2-6791-4f49-bc59-c57d7cb84e47%2Fiejp8kh_processed.jpeg&w=3840&q=75)
Transcribed Image Text:BIG SPEAK
eXTR
and if th
ind i
27 THER
+
5ls
&
b. The value of equilibrium income is $
c. At equilibrium, the value of total injections is $ 280 and of total leakages is $
d. The value of the MPE in Arkinia is. Round your answer to 2 decimal places.
e. The value of the multiplier in Arkinia is. Round your answer to 2 decimal places.
f. Suppose that exports from Arkinia were to increase by $90. Draw the new aggregate expenditure function on the graph above, and
label it AE2. Remember to plot only the endpoints of AE2.
g. The value of the new equilibrium income is $ 800
28 29
32425292
d appropriat
w
8490385
2-822 RA
a vie mu
BER
28493
and to w
nuary and February we
Spring Break-c
Principal's Message - March 2023
Sound Kreations dan
600
< Prev
O Search
March, 2023
of
Calgary Board 206 Race D
12 of 18
SAMSUNG
280
Next >
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