7 The data in the table below are for the economy of Nubia.a. Complete the AE column.Y100200300400T6865707588YD-60B5130225320C2570115160205T=C=XN =AE -S-85-351565115H656565(Click to select)(Click to select)(Click to select)(Click to select)6565G២ ២ ២ ២ ២8585X~~85 1208585120120IM406080120 100120120XN7 8 8 8 8 9(Click to select) M(Click to select)80604020b. Write out expressions for the tax function, the consumption function (related to national income [Y), the net export function, and theAE function. Round your answers to 2 decimal places.0AE(Click to select)(Click to select)c. Use algebra to find out the value of equilibrium income. Round your answer to the nearest whole dollar.Equilibrium income is $7 of 44Next >

Aggregate Expenditure (AE) equals consumption (C) + investment (I) + government expenditure (G) +…

The data in the table below are for the economy of Nubia. a. Complete the AE column. Y 1 100 208 300 400 T 60 65 70 75 80 YD -60 35 130 225 320 C T = C = XN = AE = 25 70 115 160 205 005 -85 -35 15 65 115 H 65 65 65 65 (Click to select) (Click to select) (Click to select) (Click to select) G 85 00 00 85 85 85 85 X 120 120 120 120 120 T 5 8 8 8 8 5 IM 40 60 80 100 120 XN 80 60 40 20 HE e b. Write out expressions for the tax function, the consumption function (related to national income [Y), the net export function, and the AE function. Round your answers to 2 decimal places. AE (Click to select) (Click to select) (Click to select) (Click to select) c. Use algebra to find out the value of equilibrium income. Round your answer to the nearest whole dollar. Equilibrium income is $

The data in the table below are for the economy of Nubia. a. Complete the AE column. Y 1 100 208 300 400 T 60 65 70 75 80 YD -60 35 130 225 320 C T = C = XN = AE = 25 70 115 160 205 005 -85 -35 15 65 115 H 65 65 65 65 (Click to select) (Click to select) (Click to select) (Click to select) G 85 00 00 85 85 85 85 X 120 120 120 120 120 T 5 8 8 8 8 5 IM 40 60 80 100 120 XN 80 60 40 20 HE e b. Write out expressions for the tax function, the consumption function (related to national income [Y), the net export function, and the AE function. Round your answers to 2 decimal places. AE (Click to select) (Click to select) (Click to select) (Click to select) c. Use algebra to find out the value of equilibrium income. Round your answer to the nearest whole dollar. Equilibrium income is $

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

What Seclor D.
3 Calculate the income taxes that a person has to pay considering the table below- If a person's income is $6,500, how much does he pay in taxes? If a person's income is $13,500, how much does she pay in taxes? (a) (b) Taxable Up to $5,000 $5,001-$10,000 $10,001-$15,000 Income Taxes 10% of taxable income 14% of taxable income 16% of taxable income
Laila’s Surveying Inc. had revenues of $1.5 million in 2016. Expenses totaled $900,000. What was her net profit (or loss) if the tax rate is 38%?
5 measures taken by the government of Cameroon to ensure the sustainability of minerals and energy resources in Cameroon
1. Solve the following equations: 2. A firm charges a fixed price of £80 for each shirt sold. The firm has a total cost functi (a) x²-25=0 (b)x² + 20x=0 (c) x² - 40x + 14 = 0 Q³-1360. (a) Write down the equation of the total revenue function. (b) Determine the break-even point. . (a) Simplify to a single term (i) 2 log(x) -log(2x) (ii) e³e-¹5-1
E2
Price of X = $2 Income $24 = Price of Y=$4 Qx TUX MUX MUx/Px Qy TUY MUY MUy/Py 1 24 24 2 46 24 24 12 1 40 040 10 2 72 3 20 20 3 100 4 A 9 4 5 dings 5 100 16 5 16 4 6 114 6 144 es The correct value for the blank labeled A is
Based on the data, answer the questions. Earner Sally Pat What is Sally's tax rate? 38% 33% O 28% 24% Annual income amount $94551.00 $304557.00 What is Pat's tax rate? 0000 O 22% 31% 33% 24% Income tax amount $31201.83 $73093.68
7 Evaluate the different ways in which a government might be able to improve access to the housing market. Use relevant graphical analysis.
COURSE: MICROECONOMICS - TAX REGULATIONS The local diesel market is represented by Q = (912 - P)/12.5 and Q = (P - 315)/11where P is in dollars (USD) per liter of fuel and Q shows liters of fuel (in millions). Currently a tax of USD 130 per liter of diesel is charged.It is requested:(a) Calculate the amount (Q) that is transacted after the tax has been applied.b) Show in detail the calculations of a). Is there any difference between the price observed by suppliers and demanders? If so, what is the price observed by the producer and what is the price observed by the consumer? how much is the government's revenue? If there is an efficiency loss, how much is it? GRAPHc) At present, there are arguments in favor of increasing the tax on diesel and others in favor of decreasing it (at least temporarily). Mention at least ONE argument in favor of increasing this tax and ANOTHER argument in favor of decreasing it. And finally, conclude in favor of which argument you are in favor of.
Businesses that offer repayment plans for purchases are required by law to disclose the interest rate. But that dosent mean they let you go out of there way to let you know what it is. you have to read all the paper work. Find the interest rate for the follwing purchase. For a 312 square- foot family room, you choose carpert that costs $1.44 per square foot. The tax rate is 6.1% and youre offered 24 payemnts of 27.61. Round to one decimal, if necessary.