What is the level of Y if the change in inventory is -200?PlannedGovernmentNet ExportsAggregateChange inReal GDP (Y) Consumption (C)Investment (I') Purchases (G)(NX)Expenditures (AE)Inventories100008200800110009000600120009800130001400015000800Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.a10000b11000C12000d13000

Real GDP= Unplanned change in inventory+ Aggregate expenditure Therefore, the above formula will be…

Answered: Planned Aggregate Expenditures (AE)…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Attempts 3. A decision at the margin Yvette is a hard working fourth-year university student. One Tuesday, she decides to work nonstop until she has answered 200 practice problems for her math course. She starts work at 8:00 AM and uses a table to keep track of her progress throughout the day. She notices that as she gets tired, it takes her longer to solve each problem. Time 8:00 AM 9:00 AM Average/3 10:00 AM 11:00 AM Noon Total Problems Answered 0 BO 140 100 200 Use the table to answer the following questions Alt+A The marginal, or additional, gain from Yvette's second hour of work, from 9:00 AM to 10:00 AM, is problems.
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Each term (3 months) the current group of economics students completed a questionnaire as to how much they would spend on new purchases compared to how much they would save/pay off bills, if they suddenly and unexpectedly received a check for $1,000. The average MPC is shown in the table below. Month in which student poll was taken Average of students’ responses as MPC March 0.41 June 0.30 September 0.22 December 0.56 What do these MPC’s imply about the students’ thinking over the course of the year? (Enter response here.) What is likely happening in the economy during the same period of time?
:= 1:36 MicrolnternationalProject 5G 49 Done International Aspect of Project Homework Below is an except pasted from a semester project for this course (broken into two pieces). Your task is to respond to this prompt and to cite at least one source. For this assignment, the source may be scholarly or from a periodical. Your source should be documented as a reference using APA style. Be sure to respond to the prompt using concepts from our course. You may use models to illustrate your points. 1. American solar farms receive billions of dollars in taxpayer subsidies each year. These subsidies allow them to substitute grain production for energy production. How do U.S. solar farm subsidies hurt or benefit Mexican farmers? 2. What does this imply for U.S. food production independence? What could be done to address this problem, and would the solution be effective? Notice, having a positive effect, a negative effect or no net-effect is a possibility on Mexican farmers. Whatever your answer,…
Greenhouse gases trap heat and make the planet warmer. Human activities are responsible for almost all of the increase in greenhouse gases in the atmosphere over the last 150 years. In this part, you will draw two pie graphs. A pie graph is used to show how a certain quantity has been divided into several parts, as well as to show the comparisons among these parts. 1. The data table below shows the total U.S. greenhouse gas emissions by economic sector in 2013, in million metric tons of CO2. On the pie graph provided, complete the graph to show the percent of greenhouse gas emissions for each economic sector. Label each section of the pie graph with its economic sector. The percent for "Agriculture" has been drawn and labeled for you. Economic Sector Electricity Transportation Industry Commercial & Residential Agriculture Percent of Greenhouse Gas Emissions 31 27 21 12 9 80 75 70- 85 65 95 90 wlad Percent 0 100 Agri- culture 55 50 45 10 40 35 20 25 30
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Y Score on Economics Final Exam 100 75 50 25 A 0 5 10 Hours of Study How would you describe the relationship shown in the graph? A Linear Direct Relationship B A Linear Inverse Relationship A Linear Independant Relationship C A Nonlinear Infinite Relationship D 15 20 X
5. (26 points) The following two equations were estimated using a sample of births for the year 2010. The variable bwght is birth weight, in ounces, faminc is annual family income, in thousands of dollars, cigs is number of cigarettes the mother smoked per day while pregnant, motheduc is mother's education (in years), and fatheduc is father's education (in years): log (bŵght) = 4.73+ 0.146 log( faminc) - (0.03) (0.076) n=1,191 R² = 0.264 0.031 cigs (0.016) (5.1) log (bŵght) = 4.73+ 0.136 log( faminc) - (0.03) (0.076) - 0.051 cigs (0.010) 0.040 motheduc+ 0.041 fatheduc (0.030) n=1,191 R² = 0.286 (0.026) (5.2) (a) In terms of the model parameters, (i) state the null hypothesis that, after controlling for faminc, motheduc, and fatheduc, cigs has no effect on birth weight against the alternative that cigs has a negative effect; and (ii) carry out the test at the 10% significance level (4 points). (b) Controlling for cigs, is faminc individually significant at the 1% level against a two-…
Data Collection: You will collect economic data (i.e., GDP, size of population in millions, labor force in millions, per capita income, unemployment rate in percentage, and consumer price index) of the six selected countries (United States, China, Brazil, Botswana, Sweden, and Saudi Arabia).
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