Macroeconomics (MindTap Course List)
10th Edition
ISBN: 9781285859477
Author: William Boyes, Michael Melvin
Publisher: Cengage Learning
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Question
Chapter 9, Problem 7E
To determine
(a)
To write:
| Y | C | I | G | X |
| $500 | $500 | $10 | $20 | $60 |
| $600 | $590 | $10 | $20 | $40 |
| $700 | $680 | $10 | $20 | $20 |
| $800 | $770 | $10 | $20 | $0 |
| $900 | $860 | $10 | $20 | -$20 |
| $1000 | $950 | $10 | $20 | -$40 |
The linear equation of consumption function
To determine
(b)
To write:
| Y | C | I | G | X |
| $ 500 | $500 | $10 | $20 | $60 |
| $600 | $590 | $10 | $20 | $40 |
| $700 | $680 | $10 | $20 | $20 |
| $800 | $770 | $10 | $20 | $0 |
| $900 | $860 | $10 | $20 | -$20 |
| $1000 | $950 | $10 | $20 | -$40 |
The investment function.
To determine
(c)
To write:
| Y | C | I | G | X |
| $ 500 | $500 | $10 | $20 | $60 |
| $600 | $590 | $10 | $20 | $40 |
| $700 | $680 | $10 | $20 | $20 |
| $800 | $770 | $10 | $20 | $0 |
| $900 | $860 | $10 | $20 | -$20 |
| $1000 | $950 | $10 | $20 | -$40 |
The net exports function.
To determine
(d)
To write:
| Y | C | I | G | X |
| $ 500 | $500 | $10 | $20 | $60 |
| $600 | $590 | $10 | $20 | $40 |
| $700 | $680 | $10 | $20 | $20 |
| $800 | $770 | $10 | $20 | $0 |
| $900 | $860 | $10 | $20 | -$20 |
| $1000 | $950 | $10 | $20 | -$40 |
The aggregate expenditure functions.
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