Consider an economy described by the following: c = $3.25 trillion 7 = $1.4 trillion G...
Last questions please Consider an economy described by the following: C = $3.25 trillion 1 = $1.4 trillion G = $3.5 trillion T = $3 trillion NX = $-0.5 trillion 7= 1 mpc = 0.7 d = 0.4 x = 0.15 C. C= 1.15 +0.7Y. OD. C = 3.25 + (1 -0.7)Y. The simplified expression for the investment function is: O A. 1 = 3.25 -0.4. OB. 1 = 1-0.7r. O C. 1 = 3.25 -0.7r. D. 1= 1-0.4r. The...
Please provide a clear step-by-step explaination on finding the expression of the IS curve. Others have answered it but they just give the final result and I still dont know how to do it. Nevermind. i figured it out. ? Date: 10/29/19 2019 14. Consider an economy described by the following T = $3.2 trillion 1 = $1,4 trillion G = $3.5 trillion T = $3 trillion NX = 5-0.5 trillion T= 1 mpc = 0.7 d = 0.3 X=0.15...
Please help with "An expression for the IS curve" and the 4 questions under it. Thanks. 14. Consider an economy described by the following: C $3.3 trillion 7 $1.4 trillion G $2.8 trillion T $3 trillion 7-1 mpc 0 75 d 0.3 x 02 NX = $-1 trillion The simplified expression for the consumption function is: OA. C 1.05+ (1-0.75)Y B. C 1.05+0.75Y O C. C 3.3+(1-0.75)Y O D. C 3.3+0.75Y The simplified expression for the investment function is A.,...
Consider the following data for a closed economy Y = $12 trillion C = $8 trillion = $2 trillion G = $2 trillion TR = $2 trillion T= $3 trillion Refer to the scenario above. Based on the information above, what is the level of public saving? O A. $0 O B. $1 trillion OC. $2 trillion O D. negative $1 trillion (a deficit of $1 trillion)
Consider the following data for a closed economy: Y $12 trillion C $8 trillion G $2 trillion Spublic $-0.50 trillion T $2 trillion Now suppose that government purchases increase from $2 trillion to $2.60 trillion but the values of Y and C are unchanged. What must happen to the values of S and 1? O A. S drops by $0.60 trillion and I increases by $0.60 trillion O B. S and I drop by $0.60 trillion O C. S and...
Consider the following economy C = 0.85 (Y – T) + Ca ; Ca = 600 – 25 R ; T = 450 + 0.225 Y; IP = 1500 – 30 R ; G =1900; NX = 950 – 0.0625 Y. a) What are the values of the autonomous net export NXa and the autonomous taxes Ta (hint: see the formulas and compare) b) Compute the multiplier c) Derive the equation of the autonomous spending. d) Derive the equation of...
2. Consider the following short-ru model of an open economy: Y C+I+G+NX = 50 IM = -EY The domestic and foreign prices are constant and normalized to one ((p p" 1), and the nominal exchange rate equals the real exchange rate. (a) The policy makers have an output target, YT 200, and a net- export target, NXT = 0' Show how these targets can be achieved using government consumption (G) and the exchange rate (E) as policy instruments (b) Now...
C. Consider an economy described by the following equations: Y = C+I+G+NX K = 2,500 40,000 = K0.5 0.5 = 2000 T = 2000 C = 600+.8 (Y-T) I = 2000 - 40r NX = 1000 - 400€ - 0.002Y T = r = 10 1. [4 points) What is the long-run level of output? 2. [7 points) What is the equilibrium value of the real exchange rate? 3. [9 points) What are the equilibrium values of national saving, investment...
7. An economy is characterized by the following expenditures parameters =2, T=2,6 =2,T=2, G(T)=2, c=0.5. What will be the equilibrium income? a. Y* = 10 b. y* = 12 (c. y* = 14 d. y* = 16 Apregate Expenditure, E 1 13 14 15 16 17 18 19 20 9 10 11 Aggregate income, Y
For the equation 2x2 + 2y2 - 12x + 8y - 24 = 0, do the following. (a) Find the center (h,k) and radius r of the circle. (b) Graph the circle. (c) Find the intercepts, if any. (a) The center is (Simplify your answer. Type an ordered pair.) The radius is ra (Simplify your answer.) (b) Use the graphing tool to graph the circle. Click to enlarge graph X (c) Find the intercepts, if any. Select the correct choice...