Ans- $400
(I have used the formula for the equation of the line passing through two points to solve this question.)
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Refer to the information provided in Figure 8.1 below to answer the questions that follow Aggregate...
Refer to the information provided in Figure 8.1 below to answer the questions that follow. Figure 8.1 1) Refer to Figure 8.1. The equation for this household's saving function is a) S = -1,000 + 0.8Y. b) S = -300 + 0.25Y. c) S = -200 + 0.8Y. d) S = -500 + 0.5Y. Refer to the information provided in Figure 8.1 below to answer the questions that follow. Figure 8.1 2) Refer to Figure 8.1. This household consumes $2,000...
Refer to the information provided in Table 8.1 below to answer the questions that follow. Table 8.1 1) Refer to Table 8.1. Society's MPC is a) 0.80. b) 0.05. c) 0.90. d) 0.95. 2) Refer to Table 8.1. Society's MPS is a) 0.05. b) 0.10. c) 0.95. d) 0.20. 3) Refer to Table 8.1. At an aggregate income level of $100, aggregate saving would be a) -$70. b) $70. c) $50. d) -$30. Refer to the information provided in Figure...
Refer to the information provided in Figure 12.2 below to answer the questions that follow. AS Price level, P АИ AD AD AD AD AD AD Aggregate output (income), Y Figure 12.2 Refer to Figure 12.2. Firms respond to a decrease in net taxes by mostly raising their prices when the aggregate demand curve shifts from Select one: 11 6 a. AD to AD, b. AD, to AD C. AD, to AD d. AD, to AD
DI Question 3 1 pts Refer to the information provided in Figure 8.1 below to answer the questions that follow. Figure 8.1 Refer to Figure 8.1. At income level $1.500, this household's saving is this household's consumption is zero. than (to) zero and D less than; greater than D greater than: less than O greater than: greater than D equal to: equal to
Refer to the information provided in Figure 8.10 below to answer the questions that follow. Figure 8.10 1) Refer to Figure 8.10. At an aggregate output level of $500 million, there is a a) $100 million unplanned increase in inventories. b) $175 million unplanned decrease in inventories. c) $0 change in unplanned inventories. d) $100 million unplanned decrease in inventories. 2) Refer to Figure 8.10. At aggregate output levels above $1,000 million, there are a) unplanned decreases in inventories and...
Refer to the information provided in Figure 3.7 below to answer the questions that follow $4 Price of pizza B C Dz 0 •D, D₂ Number of plazas per month Figure 3.7 Refer to Figure 3.7. An increase in demand is represented by the movement along D2 from Point B to Point C. from D2 to Di. along D2 from Point B to Point A. from D2 to Dz. Refer to the information provided in Figure 13.3 below to answer...
QUESTION 7 Refer to the information provided in Table &.4 below to answer the questions that fallow. Table 84 All Figures in Billions of Dollars Aggregate Output Aggregate Consumption Planned Investment 100 160 20 200 240 20 20 300 320 400 400 20 500 480 20 Refer to Table 8.4. At an aggregate output level of $200 billian, planned expenditure equals O $160 billion. O $220 billion. O $260 billion. O $410 billion. QUESTION & AE Refer to the informotion...
Refer to the information provided in Toble 8.5 below to answer the questions that follow Table 8.5 S million 2,800 3,600 4,400 Refer to Table 8.5. The equilibrium level of aggregate output equals O $3,000 million O S4.000 milion. $6.000 million. ! Question 22 1 pts lf C . 100 + 0.8Y and I-50, then the equilibrium level of income is 1875. O 375 O 600 O 750.
Refer to the information provided in Figure 13.5 below to answer the questions that follow. MC ATC Price per unit LL MR 20222426 hits of output Figure 13.5 1. Refer to Figure 13.5. The profit-maximizing level of output for this monopolist is units of output. A) 20 B) 22
DQuestion 13 1 pts Refer to the information provided in Figure 8.3 below to answer the questions that follow Aggregate income (Y) Figure 8.3 Refer to Figure 8.3. The equation for the aggregate consumption function is O C-80+0.6Y O C-140 +0.5Y