The expression for the MP curve is: OA. r=2+0.75. OB. r= 3.5+ 1.5. OC. r= 3.5+ 0.75. D. r=2+1.5. The expression for the AD curve is: A. Y=23.8-2.4. OB. Y= 19.04 -2.4. OC. Y= 19.04 - 1.3. OD. Y=23.8-1.3. C = $3 trillion /= $1.3 trillion G= $3.5 trillion T = $3 trillion NX $1.5 trillion f = 1 Assume that = 2%. The real interest rate ris 5%. (Round your response to two decimal places.) The equilibrium level of output is $ 19 trillion. (Round your response to two decimal places.) Consumption is $15 trillion. (Round your response to two decimal places.) Investment is $ -.5 trillion. (Round your response to two decimal places.) Net exports are $1 trillion. (Round your response to two decimal places.) Suppose the Fed increases r to r=3.5. The real interest rate is 6.5%. (Round your response to two decimal places.) he equilibrium level of output is $ trillion. (Round your response to two decimal places.) mpc = 0.75 d = 0.3 X = 0.1 λ = 1.5 r = 2

The expression for the MP curve is: OA. r=2+0.75. OB. r= 3.5+ 1.5. OC. r= 3.5+ 0.75. D. r=2+1.5. The expression for the AD curve is: A. Y=23.8-2.4. OB. Y= 19.04 -2.4. OC. Y= 19.04 - 1.3. OD. Y=23.8-1.3. C = $3 trillion /= $1.3 trillion G= $3.5 trillion T = $3 trillion NX $1.5 trillion f = 1 Assume that = 2%. The real interest rate ris 5%. (Round your response to two decimal places.) The equilibrium level of output is $ 19 trillion. (Round your response to two decimal places.) Consumption is $15 trillion. (Round your response to two decimal places.) Investment is $ -.5 trillion. (Round your response to two decimal places.) Net exports are $1 trillion. (Round your response to two decimal places.) Suppose the Fed increases r to r=3.5. The real interest rate is 6.5%. (Round your response to two decimal places.) he equilibrium level of output is $ trillion. (Round your response to two decimal places.) mpc = 0.75 d = 0.3 X = 0.1 λ = 1.5 r = 2

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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