Homework Answers
At the income level E the saving is more and investment is less in the market this will create a deficit demand in the market and aggregate supply will be larger. The answer is "B".
Add Answer to:
QUESTION 18 In Figure 9-1, income level E is the level at which Consumption, savings, Intended...
QUESTION 15 C+ Consumption, savinge, Intended Investment JA E Net National Income In Figure 9-1, which...
QUESTION 15 C+ Consumption, savinge, Intended Investment JA E Net National Income In Figure 9-1, which one of the following sets of equalities is correct? O Gl = EQ JK = NM ОАВ - НІ OJL = NM
complete a-e please QUESTIONS 1. Answer the following questions based on the figure below a. The...
complete a-e please
QUESTIONS 1. Answer the following questions based on the figure below a. The 45° line represents (1) aggregate demand or (2) aggregate supply? b. The C+ II represents (1) aggregate demand or (2) aggregate supply? c.The equilibrium level of net national income is (1) 500, (2) 400 (3) 300? d. The distance HI at income 500 represents (1) excess inventory accumulation or (2) an inventory deficit? e. The distance BJ at income 300 represents (1) excess intended...
Savings is when for the same period. O consumption is greater than output consumption is less...
Savings is when for the same period. O consumption is greater than output consumption is less than output O consumption is equal to output D Question 7 The business cycle refers to the washing cycle O GDP O short-run fluctuations in output and employment none of the above D | Question 8 What are the two approaches y ou can measure GDP with? Expenditures & Income Income& Investment National Income & GDP per capita None of the above
Product 13) 13) The gap that exists when equilibrium real Gross Domestic (GDP) is greater than...
Product 13) 13) The gap that exists when equilibrium real Gross Domestic (GDP) is greater than full employment real Gross Domestic Product (GDP) is called a(n) A) demand gap. C) recessionary gap B) employment gap D) inflationary gap 14) 14) Economic growth will NOT result in inflation if aggregate demand shifts A) outward to the right at the same speed as aggregate supply B) outward to the right as aggregate supply shifts inward to the left. C) inward to the...
1. Explain what will happen to the price level real GDP and the unemployment rate in...
1. Explain what will happen to the price level real GDP and the unemployment rate in the following cases: a. AD falls by the same amount that SRAS rises b. AD falls by less than SRAS rises c. AD falls by more than SRAS falls d. AD falls by the same amount that SRAS falls e. AD falls by less than SRAS falls 2. Explain how expectations about future sales will affect investment. 3. How will a change in the...
1. According to Keynesian theory, the primary determinant of the level of consumption and saving in...
1. According to Keynesian theory, the primary determinant of the level of consumption and saving in the economy is the: a. level of investment. c. level of prices. b. level of income. d. interest rate. 2. If a family's MPC is. 7, it is: a. spending 70 percent of its income on consumer goods. b. necessarily dissaving. c. spending seventenths of any increment to its income d. operating at the breakeven point. The size of the MPC is assumed to...
QUESTION 23 Which of the following shifts aggregate demand to the left? a. The price level...
QUESTION 23 Which of the following shifts aggregate demand to the left? a. The price level falls. b. The dollar depreciates for some reason other than a change in the price level. c. Stock prices fall for some reason other than a change in the price level. d. The price level rises. QUESTION 24 Aggregate demand shifts left when the government a. decreases taxes. b. cuts military expenditures. c. creates a new investment tax credit d. None of the above...
1. An above-full-employment equilibrium occurs when Group of answer choices aggregate demand decreases while neither the...
1. An above-full-employment equilibrium occurs when Group of answer choices aggregate demand decreases while neither the short-run nor long-run aggregate supply changes. short-run aggregate supply decreases while neither aggregate demand nor long-run aggregate supply changes. the equilibrium level of real GDP is greater than potential GDP. the equilibrium level of real GDP is less than potential GDP. 2. Which of the following shifts the aggregate demand curve rightward? Group of answer choices a decrease in consumption an increase in investment...
Question 2: Disposable Income 50 Government Expenditure 8 Exports 9 Consumption Expenditure 35 Imports 7 Net...
Question 2: Disposable Income 50 Government Expenditure 8 Exports 9 Consumption Expenditure 35 Imports 7 Net Taxes 12 Data is in millions of US dollars. [1 point] Based on the data provided above, what is the value of National Income (GDP or Y)? b. [1 point] Based on the data provided above, what is the value of Private Savings? c. [1 point] Based on the data provided above, what is the value of Government Savings? d. [1 point] Based on...
According to Keynesian theory, the most important determinant of saving and consumption is Select one: a....
According to Keynesian theory, the most important determinant of saving and consumption is Select one: a. the level of real income. b. the stock of liquid assets. c. the stock of durable goods in the consumer's possession. d. the level of consumer indebtedness. Question 5 Not yet answered Marked out of 1.00 Flag question Question text In the Keynesian model, planned investment is inversely related to Select one: a. the interest rate. b. the level of income. c. the wage...
QUESTION 15 C+ Consumption, savinge, Intended Investment JA E Net National Income In Figure 9-1, which one of the following sets of equalities is correct? O Gl = EQ JK = NM ОАВ - НІ OJL = NM
complete a-e please
QUESTIONS 1. Answer the following questions based on the figure below a. The 45° line represents (1) aggregate demand or (2) aggregate supply? b. The C+ II represents (1) aggregate demand or (2) aggregate supply? c.The equilibrium level of net national income is (1) 500, (2) 400 (3) 300? d. The distance HI at income 500 represents (1) excess inventory accumulation or (2) an inventory deficit? e. The distance BJ at income 300 represents (1) excess intended...
Savings is when for the same period. O consumption is greater than output consumption is less than output O consumption is equal to output D Question 7 The business cycle refers to the washing cycle O GDP O short-run fluctuations in output and employment none of the above D | Question 8 What are the two approaches y ou can measure GDP with? Expenditures & Income Income& Investment National Income & GDP per capita None of the above
Product 13) 13) The gap that exists when equilibrium real Gross Domestic (GDP) is greater than full employment real Gross Domestic Product (GDP) is called a(n) A) demand gap. C) recessionary gap B) employment gap D) inflationary gap 14) 14) Economic growth will NOT result in inflation if aggregate demand shifts A) outward to the right at the same speed as aggregate supply B) outward to the right as aggregate supply shifts inward to the left. C) inward to the...
1. According to Keynesian theory, the primary determinant of the level of consumption and saving in the economy is the: a. level of investment. c. level of prices. b. level of income. d. interest rate. 2. If a family's MPC is. 7, it is: a. spending 70 percent of its income on consumer goods. b. necessarily dissaving. c. spending seventenths of any increment to its income d. operating at the breakeven point. The size of the MPC is assumed to...
Most questions answered within 3 hours.
-
A square current loop 5.4 cm on each side carries a 510 mA
current. The loop...
asked 1 hour ago -
What are five tips in conducting knowledge assessment/literature
review research? Each of these tips needs to...
asked 1 hour ago -
Antigen presenting cells link innate and adaptive immune
responses. In the theoretical scenario where phagosomes cannot...
asked 2 hours ago -
Dealing with conflict, in my opinion, is a skill and an art. I
believe that those...
asked 2 hours ago -
6. A long straight wire with circular cross section and radius
1.5 cm carries a 1.2...
asked 2 hours ago -
Deacon Corporation has provided the following financial data
from its balance sheet and income statement:
Year...
asked 3 hours ago -
List and discuss at least three variables from everyday life for
which you expect the variable ...
asked 3 hours ago -
A high-pass filter consists of a 1.60 μF capacitor in series
with a 125 Ω resistor....
asked 3 hours ago -
A newly developed artificial intelligence has trouble
distinguishing hand-written numbers from hand-written alphabets.
There are pictures...
asked 3 hours ago -
The carbonate ion CO3 2- has multiple resonance structures.
a. Draw them and assign the hybridization...
asked 3 hours ago -
In doing an allocation for a basket purchase
Use the individual costs and the total market...
asked 3 hours ago -
what were the social political and economic causes and impacts of
the late 19th century urban...
asked 3 hours ago