Homework Answers
Ans - (C)
four components of planned expenditure are - Consumption expenditure, planned investment spending, government purchases, and net exports.
Add Answer to:
Question 32 Which of the following represents the Planned Aggregate Expenditure Function? C = C-bar-mpcfY-1) ©...
Problem 4 The income-expenditure model draws a distinction between actual aggregate expenditure (AE) which is what...
Problem 4 The income-expenditure model draws a distinction between actual aggregate expenditure (AE) which is what is measured in the national accounts- and planned aggregate expenditure PAE). Use the following information to calculate AE and PAE Exports (X)20 Imports (M) 15 Consumption (C) 50 Planned Investment (IP) 25 Planned change in inventories-5 Unplanned change in inventories10 -Government spending (G) = 10 AE PAE
2. For the figure shown, answer the following questions: PAE = Y PAEZ PAE Planned aggregate...
2. For the figure shown, answer the following questions: PAE = Y PAEZ PAE Planned aggregate expenditure (PAE, billions of $) 500 400 Actual aggregate expenditure (output or GDP, Y, billions of $) a. What is the expenditure multiplier in this economy? b. What is the marginal propensity to consume in this economy?
QUESTION 18 Suppose the equation of an economy's Aggregate Planned Expenditure function is AE - 75y + 800. What is...
QUESTION 18 Suppose the equation of an economy's Aggregate Planned Expenditure function is AE - 75y + 800. What is the value of the equilibrium level of real GDP (denoted Y*)? Y* = [X] QUESTION 19 Suppose the equation of an economy's Aggregate Planned Expenditure function is AE - 75y + 800. If real GDP - $1000, unplanned inventory investment will be $. so firms will have incentive to output next period.
Consumption: ?? = 4 + 0.5(? − ?) Investment: ?? = 4 + 0.2? Government expenditure:...
Consumption: ?? = 4 + 0.5(? − ?) Investment: ?? = 4 + 0.2? Government expenditure: ? = 30 Tax revenue: T = 0.2? Exports: ? = 7 Imports: ? = 0.02 ? where Cd is consumption on domestically produced goods (remember: total consumption, C=Cd +M), Y is domestic output, G is government expenditure, M is imports, IP is planned investment spending, X is exports, and T is tax revenue. (i) Derive the equation for planned aggregate expenditure (PAE) on...
Based on the assumptions of the aggregate expenditure model, fill in the columns for planned investment,...
Based on the assumptions of the aggregate expenditure model,
fill in the columns for planned investment, government spending,
and net exports.
Hwk 7 (Ch. 1): Opens 3/21, Due 3/28 6 8 Consider the data presented in the table: investment Actual aggregate expenditure or output (Y) (billions of S) Consumption (C) Planned investmentspending (6) Net exports (Nx) (billions of S) (billions of S) (billions of S) (billions of S) of s) points 399 476 558 630 618 718 eBook 910 Based...
Suppose the equation of an economy's Aggregate Planned Expenditure function is AE = 75y + 800....
Suppose the equation of an economy's Aggregate Planned Expenditure function is AE = 75y + 800. What is the value of the equilibrium level of real GDP (denoted Y*)? Y* = [x]
ASSIGNMENT # 3 Actual aggregate expenditure or output (Y) (billions of $) Consumption (C) (billions of...
ASSIGNMENT # 3 Actual aggregate expenditure or output (Y) (billions of $) Consumption (C) (billions of $) Planned investment (billions of $) Government spending (G) (billions of $) Net exports (NX) (billions of $) Unplanned investment (inventory change) (billions of $) 500 300 150 100 50 600 350 700 400 800 450 900 500 For the table shown, answer the following questions: For each level of actual aggregate expenditure, calculate unplanned inventory investment. What is the equilibrium level of aggregate...
Planned aggregate expenditure in Lotusland depends on real GDP and the real interest rate according to...
Planned aggregate expenditure in Lotusland depends on real GDP and the real interest rate according to the following equation PAE-3,000+0.8Y-2,000r. The Bank of Lotusland, the central bank, has announced that it ill set the real interest rate according to the policy reaction function found the first two columns of the table below For the rates of inflation given, find autonomous expenditure and short-run equilbrium output in Lotusland. Autonomous inflation rate, π 0.00 0.01 0.02 0.03 0.04 Real interest rate, c...
For each of the following shocks, identify what component(s) of U.S. planned aggregate expenditure are directly...
For each of the following shocks, identify what component(s) of U.S. planned aggregate expenditure are directly affected and in which direction. a. Income tax rates increase: Which component of planned aggregate expenditure is affected? Consumption Investment Government spending Net exports None of these are affected What happens to planned aggregate expenditure? Increases Decreases Unaffected b. China experiences an economic boom: Which component of planned aggregate expenditure is affected? Consumption Investment Government spending Net exports None of these are affected What...
provide an explanation with a steps of the answer for each question please 1,600 Planned aggregate expenditure, AE...
provide an explanation with a steps of the answer for each
question please
1,600 Planned aggregate expenditure, AE (billions of dollars) OS 1,600 Aggregate output, Y billions of dollars) Figure 24.5 1) Refer to Figure 24.5. If the economy is in equilibrium and the government decreases spending by $200 billion, equilibrium aggregate output decreases to S billion. A) 1,400 B) 1,200 C) 1,000 D) 800 2) Refer to Figure 24.5. If the economy is in equilibrium and the government increases...
Problem 4 The income-expenditure model draws a distinction between actual aggregate expenditure (AE) which is what is measured in the national accounts- and planned aggregate expenditure PAE). Use the following information to calculate AE and PAE Exports (X)20 Imports (M) 15 Consumption (C) 50 Planned Investment (IP) 25 Planned change in inventories-5 Unplanned change in inventories10 -Government spending (G) = 10 AE PAE
2. For the figure shown, answer the following questions: PAE = Y PAEZ PAE Planned aggregate expenditure (PAE, billions of $) 500 400 Actual aggregate expenditure (output or GDP, Y, billions of $) a. What is the expenditure multiplier in this economy? b. What is the marginal propensity to consume in this economy?
QUESTION 18 Suppose the equation of an economy's Aggregate Planned Expenditure function is AE - 75y + 800. What is the value of the equilibrium level of real GDP (denoted Y*)? Y* = [X] QUESTION 19 Suppose the equation of an economy's Aggregate Planned Expenditure function is AE - 75y + 800. If real GDP - $1000, unplanned inventory investment will be $. so firms will have incentive to output next period.
Based on the assumptions of the aggregate expenditure model,
fill in the columns for planned investment, government spending,
and net exports.
Hwk 7 (Ch. 1): Opens 3/21, Due 3/28 6 8 Consider the data presented in the table: investment Actual aggregate expenditure or output (Y) (billions of S) Consumption (C) Planned investmentspending (6) Net exports (Nx) (billions of S) (billions of S) (billions of S) (billions of S) of s) points 399 476 558 630 618 718 eBook 910 Based...
Suppose the equation of an economy's Aggregate Planned Expenditure function is AE = 75y + 800. What is the value of the equilibrium level of real GDP (denoted Y*)? Y* = [x]
Planned aggregate expenditure in Lotusland depends on real GDP and the real interest rate according to the following equation PAE-3,000+0.8Y-2,000r. The Bank of Lotusland, the central bank, has announced that it ill set the real interest rate according to the policy reaction function found the first two columns of the table below For the rates of inflation given, find autonomous expenditure and short-run equilbrium output in Lotusland. Autonomous inflation rate, π 0.00 0.01 0.02 0.03 0.04 Real interest rate, c...
provide an explanation with a steps of the answer for each
question please
1,600 Planned aggregate expenditure, AE (billions of dollars) OS 1,600 Aggregate output, Y billions of dollars) Figure 24.5 1) Refer to Figure 24.5. If the economy is in equilibrium and the government decreases spending by $200 billion, equilibrium aggregate output decreases to S billion. A) 1,400 B) 1,200 C) 1,000 D) 800 2) Refer to Figure 24.5. If the economy is in equilibrium and the government increases...
Most questions answered within 3 hours.
-
In a two-factor analysis of variance a main effect is defined as
____.
a. the unique...
asked 54 seconds from now -
Fill in the following information for Adipic Acid: molecular
weight, g or ml, mole, melting point,...
asked 4 minutes ago -
how
to use a for loop to iterate over the string below and print each
character...
asked 6 minutes ago -
Please type answer, Thanks.
Respond to the following in a minimum of 175
words:
Research industry...
asked 6 minutes ago -
Assume that all interest rates in the economy increase from 9
percent to 10 percent. Which...
asked 16 minutes ago -
Describe the function of a Change Control Board.
When calculating Planned Value (PV), what is the...
asked 22 minutes ago -
The customer help center in your company receives calls from
customers who need help with some...
asked 33 minutes ago -
A manufacturer wished to compare the wearing qualities of two
different types of automobile tires, A...
asked 31 minutes ago -
Write a MATLAB script file that will sum all the positive
entries in V and stop...
asked 39 minutes ago -
The objective of this assignment is to demonstrate an
understanding of key course concepts and reflect...
asked 41 minutes ago -
A plant's flower colour is determined by the pathway shown
below:
white1 ----Gene A----->
white2----Gene
B---->Blue...
asked 47 minutes ago -
Sketch an acceleration-versus-time
graph for an object, starting with some initial speed, traveling on
a flat...
asked 55 minutes ago