MPS = 1 - MPC = 1 - 0.75 = 0.25
Savings at full employment = income at fulll employment * MPS = 1600 * 0.25 = 400
Question 5 (1 point) assume: a = 150 b = .751 = 200 Yf = 1600 aggregate spending at full employment is: -- Select an Option --
Question 3 (1 point) assume: a = 150 b = .75 1 = 200 Yf = 1600 The equilibrium level of output is: -- Select an Option --
Question 6 (1 point) assume: a 150 b .75 | 200 Yf 1600 The recessionary gap is: Select an Option
Question 21 (1 point) On a weekly basis Maxwell Inc. receives a shipment of 150 units from a supplier located 150 miles away at a total transportation cost of $450. Assuming that transportation costs stay at $450, what is the savings in transportation-cost-per unit if Maxwell orders 200 units instead of 150? $.25 per unit $.75 per unit $2.25 per unit $3.00 per unit
Question 21 (1 point) Assume that: C = 500 + 75Yd I = 300, t = 0.2 G = 600 Does savings out of disposable income equal to investment? -- Select an Option --
Use the following information to answer questions 3 - 10 Y- C+IG+X-IM where: C= 200 + 0.75 DI I = 100 G 100 X = 100 IM 200 Also assume that T Tr-0 full-employment real GDP (YF) $2000 Question 6 (10 points) The "oversimplified" expenditure multiplier equals: 0.25 0.75 4 5 10 Question 7 (10 points) What type of output gap exists, and how much is the gap equal to? recessionary gap equal to $200 inflationary gap equal to $200...
QUESTION 9 Using the information in Table 8-1, Table 8-1 10,000 200 100 Population (of which 1/2 are 16 and older) Full-time Students Retired Currently working Called in Sick Full-time homemakers (stay at home moms and dads) Currently on Vacation Others Not Working (200 are too disabled to work and 300 quit looking for work months ago. The other 1000 are actively seeking employment.) 2000 400 200 88 What is the labor force participation rate in Nellyville? OOO a. 60%...
answr 4 and 5 4. fourth problem סק| 75 F 200 Idem a. 60 N/m b. 243 N/m c. 142 N/m d. 0.6 N e. 0.93N f. 93 N/m 5. fifth problem 300 300 2000 20cm a. 44 N b. 1600 N/m c. 2218N/ m d. 688 N/m e. 14 N f.32 N
1. Assume a private, closed economy where Y = C + I, and C = 10 + 0.9Y and I = 15. (Values in $ billions.) Solve algebraically for the equilibrium level of national income. Calculate the value of the multiplier. Solve graphically for the equilibrium income by constructing an accurate i) The 45 degree graph ii) savings/investment graph Now add the government sector to the model so that Y = C + I + G where C =...
Total Total Product Fixed Cost O $150 1 150 2 150 3 150 4 150 5 150 150 150 150 9 150 10 150 Total variable Cost $ 0 50 75 105 145 200 270 360 475 620 800 Based on the cost data given in the accompanying table, which of the price-quantity tables correctly represents the firm's short-run supply schedule? OS a) (b) (c) (d) PQs PQs PQs PT $20 1 $ 20 0 $20 0 $20 | 30...