Suppose a given hypothetical economy has the following values. GDP-520 Billion, Consumption =$13 Billion; Govermment Purchase-$4 Billion; and Budget Surplus= $1 BillionHow much is the public saving?OA S5 BilionOB $4 BlionOC.52 BillionOD-$1 BillionOE S1 BillionOF $3 Billion

Here, the value of consumption, government purchases, GDP and budget surplus is given for a…

Answered: Suppose a given hypothetical economy…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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The partial data in the table below are for the economy of Arinaka. Planned investment, government spending, and all taxes are autonomous. You may assume that the MPC, MPS, and MPM are constant. a. Fill in the blanks in table below, YD AE Unplanned I Y. $300 C $200 $60 $50 60 $60 $20 -10 $50 350 400 450 b. The value of equilibrium income is $ c. If planned investment decreases by $20, the new value of equilibrium income is $
Disposable income Lütfen birini seçin: O A. decreases when income decreases O B. is always fixed. O C. all of the answers O D. increases when saving decreases O E decreases when net taxes decrease
Assuming no govemment or foreign sector, if the MPC is 0.5, the multiplier is Select one: a. 5. stion O b. 2. c. 0.5. 0.5. d. 0.2.
Please see attachment Answer neatly Show all your work. Based on the above diagram: 1. Calculate MPC? 2. If Private Investment increases by 100, calculate the new level of NI. 3. If full-employment NI is at 3000, by how much should Government spending change? 4. What is the new NI, If 1/2 of those government expenditures are financed through taxes?
1. Identify the formula of consumption function & saving function C = _______________ S = _______________ 2. If the consumption function is C = 250 + 0.57Y and investment, I = RM450, calculate the equilibrium income in this two- sector economy. 3. Given, C = 700 + 0.7Yd, compute MPS 4. What is macroeconomic 5. Define principles of microeconomics
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these multiple choice Questions from MACROECONOMICS Course.I need the final answer,please.
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If consumption is C=100+0.75Yd Taxes is T=50+0.5Y Export is X=200 Import is M=50+0.25Y Government spending is G=150 Investment is I=200 Usethemultiplierapplicabletoexport,toexplainhowa100–billiondeclineindemand forexportcouldaffecttheeconomy’s: (i) Balanceofpayment
23. Guppse that fra,u)= T4. Find the maximum Value for fif x and y are constrained o sum to 1. Solve thiis problems in two ways : by substitutiou and by using the Logrange Multiplier method. X+y=1. F.y) =ry, 4=1-x. to -> %3D tx =-2x+1.maximum value → frx=o. X=E タニリニー 1-X-4 = 0 エ=f(Y,4)+A (1-g%-4) = x4ナA(1-%-4 ) = y-A, = x-1, of of 1-ベ-4 → 1-2y=0. X=立, %3D =0= y=X =07 X= À %3D #2-4. The dual problem to the one described in problem 2.3 is minimiz2e xty subject to xy =0.25 Solve thi problem using the Lagrangian technique. Then Compare the value You get tor the Logrange Multiplier wrth the value you got in Prolem 2-3. Explain the relatibuship between the two solutibns
2. Consumption function: C=500+0.8Yd, net tax: T=500, governmentspending: G=500, investment: I=1200, export: X=500 and imprt: M=700. According to this; a) Calculate the equilibrium level of output(Ye). b) Calculate the consumption and saving at Ye. c) Find the change in equilibrium level of output(Ye) if government spending increase 200. Use governmentspending multiplier.

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Suppose a given hypothetical economy has the following values GDP-520 BIlion, Consumption =$13 Billion, Govermment Purchase-$4 Billion; and Budget Surplus $1 Billion How much is the public saving? OA S5 Bilion OB S4 Blon OC2 Bilion OD $1 Bon OE S1 Bon