The data in the table below are for the economy of Nubia. a. Complete the AE column. Y Yo C S I G X IM AE -60 20 -80 65 80 105 60 30 70 -40 65 80 105 70 120 120 0 65 80 105 80 300 90 210 170 40 65 80 105 90 400 100 300 220 80 65 80 105 100 5 Write out expressions for the tax function, the consumption function (related to national income [Y), the net export function, and the E function. Round your answers to 2 decimal places. TH (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) C- (Click to select) XN- AE- (Click to select) (Click to select) Jse algebra to find out the value of equilibrium income. Round your answer to the nearest whole dollar quilibrium income is $ 0 100 200 -8288 60 70 80 3 XN 45 35 25 15
The data in the table below are for the economy of Nubia. a. Complete the AE column. Y Yo C S I G X IM AE -60 20 -80 65 80 105 60 30 70 -40 65 80 105 70 120 120 0 65 80 105 80 300 90 210 170 40 65 80 105 90 400 100 300 220 80 65 80 105 100 5 Write out expressions for the tax function, the consumption function (related to national income [Y), the net export function, and the E function. Round your answers to 2 decimal places. TH (Click to select) (Click to select) (Click to select) (Click to select) (Click to select) C- (Click to select) XN- AE- (Click to select) (Click to select) Jse algebra to find out the value of equilibrium income. Round your answer to the nearest whole dollar quilibrium income is $ 0 100 200 -8288 60 70 80 3 XN 45 35 25 15
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
6
![The data in the table below are for the economy of Nubia.
a. Complete the AE column.
Y
T
YD
C
S
G
x
IM
XN
AE
60
20
-80
80
105
60
45
70
70
-40
80
105
70
35
80
120
e
65
80
195
80
25
300
98
210
170
40
65
80
105
90
15
400
100
300
220
80
65
80
105
100
5
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.
(Click to select)
TM
C-
(Click to select)
(Click to select)
(Click to select)
XN -
(Click to select)
(Click to select)
AE-
(Click to select)
(Click to select)
Use algebra to find out the value of equilibrium income. Round your answer to the nearest whole dollar
Equilibrium income is $
0
100
200
-60
30
120
-9551
I
65
65](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F388b9ac0-efa3-40fc-b7da-89882719f55a%2F377a30f6-e3a8-4c7e-8731-37c1fa7ceb3c%2Fh2jpv8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The data in the table below are for the economy of Nubia.
a. Complete the AE column.
Y
T
YD
C
S
G
x
IM
XN
AE
60
20
-80
80
105
60
45
70
70
-40
80
105
70
35
80
120
e
65
80
195
80
25
300
98
210
170
40
65
80
105
90
15
400
100
300
220
80
65
80
105
100
5
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.
(Click to select)
TM
C-
(Click to select)
(Click to select)
(Click to select)
XN -
(Click to select)
(Click to select)
AE-
(Click to select)
(Click to select)
Use algebra to find out the value of equilibrium income. Round your answer to the nearest whole dollar
Equilibrium income is $
0
100
200
-60
30
120
-9551
I
65
65
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