The simple economy of Altria shown in the table below has no government or taxes and no international trade. Its investment is autonomous and its MPC is constant. a. Complete the table below. Remember to use a minus (-) sign to indicate negative values. AE Y S I 200 0 400 800 1,200 1,600 2,000 C 200 500 0 300 b. The value of expenditures equilibrium is $ c. The value of the multiplier is
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- ass Activity i Saved The following are the parameters for the simple economy of Minnerva, which has no government involvement and no international trade. C 1,360+0.60Y 1=1,450 a. The value of expenditures equilibrium is S b. The value of the multiplier is Round your answer to 3 decimal places. c. If investment increases by 380, the new value of expenditures equilibrium is $The table below shows data for three fictitious countries. a. Compute the current MPC for each country. Instructions: Round your answers to two decimal places. Income and Consumption Data, Three Countries Change in Income (dollars) $8,900 30,400 5,120 Change in Consumption (dollars) $4,461 18,750 3,840 Country Adrup Bedrup Cedrup b. Which country has the highest marginal propensity to save (MPS)? (Click to select) c. If income in Bedrup increases by $240 and income in Cedrup increases by $480, which of the following statements is correct? MPC O Neither Bedrup nor Cedrup will save any dollars. O Bedrup will save more dollars. Cedrup will save more dollars. O Dollar savings will be the same for both Bedrup and Cedrup.The cost of rebuilding the Philippines after typhoon Haiyan could reach USD 5.8bn”, a senior official has said. Assume the government of Australia Department of Foreign Affairs and Trade provided a grant of USD 5.8 billion. Also assume that despite the hardships the Philippine families experienced, 15% was the beneficiary savings from the Australian grant. Further, assume all other factors remain constant.a. Calculate the total effect of the spending multiplier of the Australian government grant on the Philippine economy GDP growth. b. Examine the overall multiplier effect of the USD5.8 billion grant on the Philippine economy. Answer asap n correctly with proper typed explanation
- EV Text Predictions: On The table below shows some of the expenditure amounts in the economy of Arkinia. The MPC, the MTR, and the MPM are all constant, as are the values of the three injections. a. Complete the table below. W 8 ZIN 200 SAN 400 500 GOO Aggregate expenditures ($billions) 700 HANS 800 600 HOD 200 T GO 1541 100 Accessibility: Investigate YD GB 200 460 620 C 400 130 195 Income (Sbillions) 325 The Economy of Arkinia 455 600 Search 5 800 -3 10 40 100 Tools MAL I se A SB 50 Se 58 50 30 50 Sa Draw a 45° line (labelled Y) and the aggregate expenditure function, labelled AE1. Identify expenditure equilibrium with the letter et. Use the tool "et" to show the expenditure equilibrium. Plot only the endpoints of Y and AE. Once all points have been plotted, click on the line (not individual points) and a tool icon will pop up. You can use this to enter exact co-ordinates for your points as needed. G 180 AE₁ IMO 180 THIN 13 180 186 tac taid X 50 sa SAMSUNG 50 10 50 50 54 549 50 IM 40…3. Suppose the MPC is 0.8. The government wants to decrease Total Spending by $600. How should it change G to achieve this goal? Show your work?Study the scenario and complete the question(s) that follow(s):SilesiaYou are provided with the following information about an imaginary economy called Silesia. Use the information provided in the table to answer the questions below.Government expenditure 400 Exports 250 Autonomous imports 50 Autonomous consumption 150 Investment Expenditure 300 Full- mployment output 2040 Marginal propensity to consume 0.75 Marginal propensity to import 0.15 Tax rate 0.25Source: Bester, N. 2017.5.1 Derive and calculate the consumption function for the data provided. Show all formulas and calculations used. 5.2 Calculate autonomous spending. Show all formulas and calculations used.5.3 Calculate the multiplier. Show all formulas and calculations used. Round off your final answer to 1 decimal.
- The value of multiplier depends on the _____Using the table below, answer the following question: Real GDP ConsumptionPlanned (Y) GovernmentNet Aggregate of Investment purchases Exports (G) (C) Expenditure (AE) (1) (NX) 650 85 195 90 320 690 750 145 195 90 320 750 850 205 195 90 320 810 950 265 195 90 320 870 Find the value of the multiplier in this economy? Show your calculations. Answer: Give your reasons A- в I Fr of IIShown below is the aggregate expenditures model composed of consumption and investment spending for a closed economy. a. Show the effect of a $500 increase in government spending. Instructions: Click and drag on the expenditure line to move it to the correct position given the $500 increase in government spending. A Closed Economy Aggregate expenditures (billions of dollars) 16,000 15,000 14,000 13,000 12,000 11,000 45° 10,000 10,000 11,000 12,000 13,000 14,000 15,000 16,000 Real GDP (billions of dollars) Instructions: Enter your answer as a whole number. b. Looking at your graph, determine whether equilibrium GDP has increased, decreased, or stayed the same given the $500 increase in government purchases. Equilibrium GDP has (Click to select) v by $
- The table shows real GDP, Y, consumption expenditure, C, investment, /, government expenditure on goods and services, G, exports, X, imports, M, and aggregate planned expenditure, AE, in trillions of dollars. Taxes are constant. If government expenditure increases to $1.2 trillion but other things remain the same, what is equilibrium expenditure and what is the multiplier? >>> Answer to 1 decimal place. The new equilibrium expenditure is $ trillion. Planned expenditure Y C G X M AE 0 0.4 1.4 0.4 1.0 0.0 3.2 2 2.0 1.4 0.4 1.0 0.4 T 4 3.6 1.4 0.4 1.0 0.8 5.6 6 5.2 1.4 0.4 1.0 S 6.8 8 6.8 R 0.4 1.0 1.6 8.0 10 Q 1.4 0.4 1.0 2.0 9.2 12 10.0 1.4 0.4 1.0 2.4 10.4a. What is the value of the MPC?b. WhatisthevalueoftheMPS?c. What is the value of the multiplier?d. What is the amount of unplanned investment at aggregate output of 300, 900, and 1,300?Aggregate Expenditures 800 600 400 200 0 15 04 Income Refer to the above graph to answer this question. What is the value of the multiplier in this economy? 200 400 600 800 1000 167 A AE 02 O Cannot be determined.