Question 20 Levels of unemployment GDP Consumption Saving 13 million $480B $480B 14 520 500 15...
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Question 20 |
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Levels of unemployment |
GDP |
Consumption |
Saving |
|
13 million |
$480B |
$480B |
|
|
14 |
520 |
500 |
|
|
15 |
560 |
520 |
|
|
16 |
600 |
540 |
|
|
17 |
640 |
560 |
|
|
18 |
680 |
580 |
|
|
19 |
720 |
600 |
|
|
20 |
760 |
620 |
|
|
If the planned level of private investment (I) is $60B, the
equilibrium level of income of this private and closed economy
would be |
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Homework Answers
Savings= GDP - Consumption
Equilibrium level of income is attained where
GDP = Consumption+ Investment
GDP - Consumption = $ 60B
When GDP is 600B, above equation is satisfied. GDP is 600B and consumption is 540B thus investment = 600B - 540B = 60B
Add Answer to:
Question 20
Levels of unemployment
GDP
Consumption
Saving
13 million
$480B
$480B
14
520
500
15...
Use the data in the following table for a private closed economy to answer the next...
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QUESTION 3 GDP Imports S40 S50 50 50 50 50 50 50 $60 480 520 560...
QUESTION 3 GDP Imports S40 S50 50 50 50 50 50 50 $60 480 520 560 600 680 All figures in the table are in billions of dollars of dollars. If exports should decrease by $20 billion at each level of GDP, other factors constant, then the equilibrium GDP for the economy will be $650 billion O$500 billion O$550 billion $450 billion
QUESTION 8 GDP Aggregate Expenditures (Closed Economy) Exports Imports $400 450 500 550 600 650 700...
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a. Fill in the missing numbers (gray-shaded cells) in the table. Instructions: In the table, round...
a. Fill in the missing numbers (gray-shaded cells) in the table. Instructions: In the table, round your answers to 3 decimal places. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. Level of Output and Income (GDP = DI) Consumption Saving APC APS $480 488 1.017 -0.017 520 524 560 600 640 P 680 560 596 632 668 704 740 776 720 760 800 16 20 24 P What...
1. 2006 the adult population was about 15 million the labor force population was 65% and...
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Next SIX questions are related to the following data: The following is a random sample of...
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I just need help with questions 5 and 6 370 300 630 530 Next SIX questions...
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a. Fill in the missing numbers (gray-shaded cells) in the table. Instructions: In the table, round your answers to 3 decimal places. If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. Level of Output and Income (GDP = DI) Consumption Saving APC APS $480 488 1.017 -0.017 520 524 560 600 640 P 680 560 596 632 668 704 740 776 720 760 800 16 20 24 P What...
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370 300 630 530 Next SIX questions are related to the following data: The following is a random sample of n = 90 undergraduate students' annual textbook expense. 610 600 300 420 520 470 430 520 400 370 730 480 450 500 650 540 330 690 550 450 450 750 750 660 700 770 760 390 680 590 700 580 390 330 320 350 490 310 320 780 370 760 630...
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