Refer to the Information provided in Table 8.5 below to answer the questlons that follow.Table 8.5Aggregate Output Aggregate Consumption Planned Investment(S million)2,000(S million)3,000($ million)1,6004,0005,0006,0007,0002,8003,6004,4005,2001,6001,6001,6001,600Refer to Table 8.5. The MPC in this economy isO 0.5.O 0.6.O 0.7.O 0.8.

In an economy, marginal propensity to consumer provide information about how much an individual or…

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ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Refer to the information provided in Table 8.1 below to answer the questions that follow. Aggregate Income ($billion) Aggregate Consumption ($billion) 0 100 50 140 100 180 150 220 200 260 Refer to Table 8.1. Society's MPC is Group of answer choices 0.20 0.90 0.95 0.80 Refer to Table 8.1. Society's MPS is Group of answer choices 0.05 0.20 0.80 0.10 Refer to Table 8.1. The equation for the aggregate consumption function is Group of answer choices C = -100 + 0.45Y. C = 100 + 0.95Y. C = 100 + 0.8Y. C = 100 + 0.75Y. Refer to Table 8.1. At an aggregate income level of $100, aggregate saving would be Group of answer choices $50 -$60. -$80 $60 Refer to Table 8.1. Assuming society's MPC is constant at an aggregate of income of $300, aggregate consumption would be ________. Group of answer choices $325. $340. $305. $425.
Average Propensities to Consume and to Save Disposable Income Consumption Saving APC APS P0 P2, 000 P2, 000 2,000 3,600 4,000 5,200 6,000 6,800 8,000 8,400 10,000 10,000 12,000 11,600 a. Solve for Savings, APC and APS
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don't use Al bot or chat GPT otherwise downvote.correct answer will get instant upvote show calculation Suppose the consumption factor is C= $100 + .8Y, initial national income Y + $800, and intended investment equals $20. The equilibrium level of national income is equal to. a) $600 b) $800 c) $700 d) $740 e) $760 give correct option with explanation and explain why others option are wrong .
The technology matrix for an economy based on agriculture A and manufacturing Mis: M or alternatively A t 1 0.6 0.2 A- M- M 0.3 0.6 A→ Find the output for each sector that is needed to satisfy a final demand of $44 million for agriculture and $30 million for manufacturing, using the alternative technology matrix GILD M 1 The alternative technology matrix is Use the alternative technology matrix to find the output for the agricultural sector that is needed. milions of dollars Use the alternative technology matrix to find the output for the manufacturing sector that is needed. millions of dollars Using the original technology matrix, 236 millions of dollars of output from the agricultural sector satisfied the final demand. Using the original technology matrix 252 millions of dollars of output from the manufacturing sector satisfied the final demand. Discuss any differences in your calculations and in your answers. O Different ways of looking at an economy should give afferent answers and…
Given the scatter diagram in Figure 8-1, what is the MPC (your best estimate)? a. 1 b. 2/3 c. 1/2 d. 1/3 I know the answer of this question answer is 2/3 but can you please give the explanation how 2/3 is the answer of the problem
dule 9 Quill 0 6 Output and Consumption (in millions of dollars) Real GDP (Y) Consumption (C) Gross Investment (1) 42 28 9 Government Purchases (G) 7 Ask Net Exports (NX) -2 What is the equilibrium level of ouput? Mc Graw Hill Multiple Choice O $42 million O O $28 million $84 million $14 million Saved a @ # $ % & 2 3 4 5 6 7 41\
Solve the attachment
At income level of 50 what would be the unintended, unplanned inventory investment? a) -20 b) -50 c) 20 d) 50 e) None of the above.
Please answer d e and f. Thank you professor

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