Question 1 Given the following information: 1 = 150, G = 150, T-150 and C = 150 +0.75(Yd) Which of the following is true if Planned Aggregate Income is 2000? (Assume X-M is unaffected) O 1837 is the Planned Aggregate Expenditure s O 1612 is the disposable income O 1654 is the consumption spending when planned output is 2000 O At least 2 of the choices

Question 1 Given the following information: 1 = 150, G = 150, T-150 and C = 150 +0.75(Yd) Which of the following is true if Planned Aggregate Income is 2000? (Assume X-M is unaffected) O 1837 is the Planned Aggregate Expenditure s O 1612 is the disposable income O 1654 is the consumption spending when planned output is 2000 O At least 2 of the choices

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Co If the consumption function is of the form [C= 80 + 0.4 Y, the MPS equals Lütfen birini seçin. O A. 80 O B. -0.4. O C. 0.6. O D.04 O E.-0.6. Refer to the information provided in Table 22.4 below to answer the quesi
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Problem 1 The various expenditure categories within the economy are: C = 600+ 0.8Yd | = 800 G = 600 NX = 0 T= 700 Refer to problem 1. Equilibrium Real GDP is O 7200 O 4200 O 1800 O 5500
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Mc Graw Hill 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. Y 0 100 200 300 400 500 608 700 808 T 800 20 40 60 80 100 120 140 160 180 YD 60 -20 140 220 300 380 460 540 620 C 130 195 325 260 이 455 65 390 520 The Economy of Arkinia S +5 10 40 -20 100 25 55 70 85 Tools I 50 50 50 50 50 50 50 50 50 O Search G 180 180 180 180 180 180 180 180 180 < Prev kriste 10 of 10 X 50 50 50 50 58 50 50 50 50 i SAMSUNG IM 40 50 60 Next 10 20 30 70 80 90 200m Draw a 45° line (labelled Y) and the aggregate expenditure function, labelled AE₁. Identify expenditure equilibrium with the letter e 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…
Given the data in the table below, calculate the marginal propensity to save. Consumption Personal Income Personal Taxes $750 $350 $225 $540 $1,500 $450 Select one: а. О.81 O b. I'll take 2 Points О с. 0.19 O d. 0.36 O e. 0.75 O f. Not enough data to solve g. 0.25 O h. 0.64
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determine the equilibrium level of real GDP and the MPC.
QUESTION 6 Potential GDP Aggregate expenditure AE, 45° Y. Real GDP (Y) When real GDP is greater than Yo in the diagram above: O A. - inventories will decrease OB. ·Aggregate expenditure will be less than Real GDP OC. Aggregate expenditure will be equal to Real GDP OD. O D. inventories will increase QUESTION 7 Y G Xn $1,000 $1,400 1,400 1,400 1,400 1,400 $0 $800 -$200 2,500 5,000 7,500 10,000 2,300 3,800 5,300 6,800 1,000 1,000 1,000 1,000 -200 -200 -200 -200 Suppose you are given the data in the table above for a hypothetical economy. All data are in billions of dollars. Yis actual real GDP, and C, Ip, G, and Xn are the consumption, planned investment, government purchases, and net exports components of aggregate expenditures, respectively. Calculate the equilibrium GDP (give your answer in billions of $) Aggregate Expenditure
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