Homework Answers
12.
a) Planned Investment = distance between the function C+Iplanned and function C
= 500-75
= 425
Hence, the quantity of planned investment is 425.
b) Muliplier= Change in income/Change in autonomous spending
= (1000-150)/(500-75)
= 850/425
= 2
Hence, the value of multiplier is 2
c) Unplanned Inventories (IU) at Y= 750
IU= 750-150
= 600
Hence, unplanned inventories at Y= 750 is 600
Add Answer to:
emergency plz thanks
12. For the following questions refer to Figure 2. Spending C + Planned...
plz thanks 9. Suppose that consumption and planned investment are given respectively by C = 1000+0.65Y...
plz
thanks
9. Suppose that consumption and planned investment are given respectively by C = 1000+0.65Y & Iplanned = 500+0.15Y (a) Find the equilibrium level of output in this economy. 5 points. (b) Sketch and fully label the Keynesian cross diagram for this economy. 5 points. (c) Suppose that consumers decrease their mpe by 0.35 due to uncertain times. What is the change in the equilibrium income? 5 points.
emergency plz 10. For the next question, please refer to Figure 1 below. GDP per worker...
emergency plz
10. For the next question, please refer to Figure 1 below. GDP per worker 500 350 250 نیم PC с 50 Physical Capital Per Worker 100 300 500 Figure 1: Labor Productivity Suppose that a country that was once at point A is now at point D; what share of the growth in labor productivity was due to technology and due to physical capital investment? 5 points. 11. Explain the interest rate effect and how it can be...
1) Which of the following is not a category of fiscal policy? a) government policies regarding...
1) Which of the following is not a category of fiscal policy? a) government policies regarding transfer payments and welfare benefits b) government policies regarding the purchase of goods and services c) government policies regarding taxation d) government policies regarding money supply in the economy 2) If output is less than planned aggregate expenditure, there will be a) no change in inventories. b) a planned increase in inventories. c) an unplanned increase in inventories. d) an unplanned decrease in inventories....
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...
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...
plz thanks 1. Suppose that consumers plan, based on their current expected income of 360 million,...
plz thanks
1. Suppose that consumers plan, based on their current expected income of 360 million, to spend 250 million, while firms plan to spend 180 million on investment goods, and government spending and net exports are both 0. What is the level of unplanned inventories in the economy? What will happen to incomes? 5 points.
Consumption spending in a country is represented by C = 1800+ 0.8(Y-T ). Planned investment is...
Consumption spending in a country is represented by C = 1800+ 0.8(Y-T ). Planned investment is 900, government purchases G = 0, net exports NX = 100 and T = 0.2Y. Write down planned aggregate spending of the economy as a function of Y. Zero points if you do not show your work. (3) An important trading partner of the country goes through a major recession, decreasing the country’s net exports by $500. Use the Keynesian AE model to analyze...
Consumption spending in a country is represented by C = 1800+ 0.8(Y-T). Planned investment is 900,...
Consumption spending in a country is represented by C = 1800+ 0.8(Y-T). Planned investment is 900, government purchases G = 0, net exports NX = 100 and T = 0.2Y. 1. Write down planned aggregate spending of the economy as a function of Y. Zero points if you do not show your work. (3) 2. An important trading partner of the country goes through a major recession, decreasing the country's net exports by $500. Ure the Keynesian AE model to...
7. Equilibrium GDP on the demand side occurs when a. total spending equals total production, and...
7. Equilibrium GDP on the demand side occurs when a. total spending equals total production, and inventories are zero. b. total spending equals total production, and inventories remain at desired levels. c. total spending exceeds total production, and inventories are rising. d. total spending is less than total production, and inventories are falling. For the next four questions refer to the following equations: C = 50+ 0.8 Y I= 100 8. The equilibrium level of GDP in this economy is:...
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?
plz
thanks
9. Suppose that consumption and planned investment are given respectively by C = 1000+0.65Y & Iplanned = 500+0.15Y (a) Find the equilibrium level of output in this economy. 5 points. (b) Sketch and fully label the Keynesian cross diagram for this economy. 5 points. (c) Suppose that consumers decrease their mpe by 0.35 due to uncertain times. What is the change in the equilibrium income? 5 points.
emergency plz
10. For the next question, please refer to Figure 1 below. GDP per worker 500 350 250 نیم PC с 50 Physical Capital Per Worker 100 300 500 Figure 1: Labor Productivity Suppose that a country that was once at point A is now at point D; what share of the growth in labor productivity was due to technology and due to physical capital investment? 5 points. 11. Explain the interest rate effect and how it can be...
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...
plz thanks
1. Suppose that consumers plan, based on their current expected income of 360 million, to spend 250 million, while firms plan to spend 180 million on investment goods, and government spending and net exports are both 0. What is the level of unplanned inventories in the economy? What will happen to incomes? 5 points.
Consumption spending in a country is represented by C = 1800+ 0.8(Y-T). Planned investment is 900, government purchases G = 0, net exports NX = 100 and T = 0.2Y. 1. Write down planned aggregate spending of the economy as a function of Y. Zero points if you do not show your work. (3) 2. An important trading partner of the country goes through a major recession, decreasing the country's net exports by $500. Ure the Keynesian AE model to...
7. Equilibrium GDP on the demand side occurs when a. total spending equals total production, and inventories are zero. b. total spending equals total production, and inventories remain at desired levels. c. total spending exceeds total production, and inventories are rising. d. total spending is less than total production, and inventories are falling. For the next four questions refer to the following equations: C = 50+ 0.8 Y I= 100 8. The equilibrium level of GDP in this economy is:...
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?
Most questions answered within 3 hours.
-
Enter your answer in the provided box. To what fraction of its
original volume, Vfinal/Vinitial, must...
asked 28 minutes ago -
Can you figure out if any R functions used to subset a time
series 1 or...
asked 53 minutes ago -
Which of the following is correct?
A. APC + MPS = 1
B. APS + MPS...
asked 1 hour ago -
Given a regression sum of squares equal to 2373.59 and a total
sum of squares equal...
asked 2 hours ago -
Compare and contrast the linear motion and angular motion
equations F ma and . That is,...
asked 1 hour ago -
Now that this course has taken you on a journey of introduction
to the world of...
asked 2 hours ago -
The sandwich maker of the EE-Cole-Eye Sandwich Truck was just
fired (for a reason described below)...
asked 4 hours ago -
Name the following coordination compounds using systematic
nomenclature.
1. [Co(H2O)6]Cl2:
2. [Cr(NH3)6](NO3)3:
3. K4[Fe(CN)6]:
4. Na[Au(CN)4]:...
asked 4 hours ago -
Propose an efficient synthesis of 2-Bromo-5-nitrotoluene from
benzene. Hint: 3 steps. Consider directing effects of substituents....
asked 6 hours ago -
This assignment will explore the impact of corporate decisions
on a local versus a global perspective....
asked 5 hours ago -
Given the function below, F(w,x,y,z)= x’z+w’z’+w’y
a) draw a logic diagram for an implementation which uses...
asked 5 hours ago -
Most political philosophers believe we have a duty to obey laws,
even if the laws in...
asked 6 hours ago