Table Real GDP Consumption Investment Government Purchases Net Exports 1 $4,000 $2,800 $550 $600 $250 2...
Table
|
Real GDP |
Consumption |
Investment |
Government Purchases |
Net Exports |
|
|
1 |
$4,000 |
$2,800 |
$550 |
$600 |
$250 |
|
2 |
4,500 |
3,200 |
550 |
600 |
250 |
|
3 |
5,000 |
3,600 |
550 |
600 |
250 |
|
4 |
5,500 |
4,000 |
550 |
600 |
250 |
16) Refer to Table. Using the table above, compute aggregate expenditure for each row and identify at which row we have the macroeconomic equilibrium.
A) Row 1
B) Row 2
C) Row 3
D) Row 4
Homework Answers
| Real GDP | C | I | G | NX | AD | |
| 1 | 4000 | 2800 | 550 | 600 | 250 | 4200 |
| 2 | 4500 | 3200 | 550 | 600 | 250 | 4600 |
| 3 | 5000 | 3600 | 550 | 600 | 250 | 5000 |
| 4 | 5500 | 4000 | 550 | 600 | 250 | 5400 |
AD=C+I+G+NX
Equilibrium is established when real GDP=AD
At GDP=5000
Answer=row 3
Add Answer to:
Table
Real GDP
Consumption
Investment
Government Purchases
Net Exports
1
$4,000
$2,800
$550
$600
$250
2...
Table 12-2 Real GDP Consumption Planned Investment Government Purchases Net Exports $2,000 $1,600 $250 $250 $100...
Table 12-2 Real GDP Consumption Planned Investment Government Purchases Net Exports $2,000 $1,600 $250 $250 $100 2,500 2,000 250 250 100 3,000 2,400 250 250 100 3,500 2,800 250 250 100 Refer to Table 12-2. Using the table above, A-compute aggregate expenditure B- identify the macroeconomic equilibrium.
Real GDP Planned Government Net Aggregate Consumption Investment Purchases Exports Expenditures $2,000 $1,600 $250 $250 $100...
Real GDP Planned Government Net Aggregate Consumption Investment Purchases Exports Expenditures $2,000 $1,600 $250 $250 $100 2,500 2,000 250 250 100 3,000 2,400 250 250 100 3,500 2,800 250 250 100 If potential GDP is $4,000 billion, how much should government spending increase so that the economy can move to the full employment level of GDP? (Hint: multiplier effect) $100 O $300 $200 $400 O C DOLL
Real GDP C G NX 250 177 54 44 -25 240 170 54 44 -24 -23...
Real GDP C G NX 250 177 54 44 -25 240 170 54 44 -24 -23 230 163 54 44 200 142 54 44 72 -20 100 54 44 -10 The above table shows the real aggregate expenditure schedule at a given price level (that is, in constant dollars). C is consumption expenditure, I is investment, G is government purchases, and NX is net exports. Consumption and import are linear functions of real GDP (that is, their slopes are constant)....
QUESTION 16 Government Purchases Real GDP Consumption (after taxes) Gross Investment Net Exports $0 10 40...
QUESTION 16 Government Purchases Real GDP Consumption (after taxes) Gross Investment Net Exports $0 10 40 70 100 130 160 $20 0 20 40 60 80 100 $10 10 10 10 10 10 10 $+5 +5 +5 +5 +5 +5 +5 $15 15 15 15 15 15 15 Refer to the table. Equilibrium GDP is O$130. $70 O $40 O $100.
Real GDP с G 250 177 44 54 54 240 170 44 NX -25 -24 -23...
Real GDP с G 250 177 44 54 54 240 170 44 NX -25 -24 -23 -20 230 163 54 14 200 142 54 44 100 72 54 44 - 10 The above table shows the real aggregate expenditure schedule at a given price level (that is, in constant dollars). C is consumption expenditure, I is investment, G is government purchases, and NX is net exports. Consumption and import are linear functions of real GDP (that is, their slopes are...
The table shows real? GDP, Y?, consumption? expenditure, C?, ?investment, I?, government expenditure on goods and?...
The table shows real? GDP,
Y?,
consumption? expenditure,
C?,
?investment,
I?,
government expenditure on goods and? services,
G?,
?exports,
X?,
?imports,
M?,
and aggregate planned? expenditure, and
AE?,
in millions of dollars. Taxes are constant.
If investment crashes to? $0.55 trillion but nothing else?
changes, what is equilibrium expenditure and
what is the? multiplier?
Homework: Chapter 14 Save Score: 0 of 1 pt 17 of 25 (19 complete) HW Score: 76%, 19 of 25 pts Chapter Problem5 Question Help *...
If GDP = $1,000, government expenditure = $250, consumption = $500, net exports = $100 and...
If GDP = $1,000, government expenditure = $250, consumption = $500, net exports = $100 and the budget deficit = $40, what is the value of disposal income? Show your work I got 970 - is this correct?
4. Computing GDP using the expenditure approach The following table shows data on consumption, investment, exports,...
4. Computing GDP using the expenditure approach The following table shows data on consumption, investment, exports, imports, and government purchases for the United States in 2007, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the following table to calculate GDP Components Consumption (C) Investment (I) Exports (EX) Imports (IM) Net exports of goods and services (NX) Government purchases (G) Gross domestic product (GDP) $9,734.20 $2,125.40 $1,643.00 $2,351.00...
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures...
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2018, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Data (Billions of dollars) Consumption (C) Investment (I) Exports (X) Imports (M) Net Exports of Goods and Services Government Purchases (G) Gross Domestic Product (GDP) 13,948.5 3,650.1 2,531.3...
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures...
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2017, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Consumption (C) Investment (I) Exports (X) Imports (M) Net Exports of Goods and Services Government Purchases (G) Gross Domestic Product (GDP) Data (Billions of dollars) 13,321.4 3,368.0 2,350.2...
Real GDP Planned Government Net Aggregate Consumption Investment Purchases Exports Expenditures $2,000 $1,600 $250 $250 $100 2,500 2,000 250 250 100 3,000 2,400 250 250 100 3,500 2,800 250 250 100 If potential GDP is $4,000 billion, how much should government spending increase so that the economy can move to the full employment level of GDP? (Hint: multiplier effect) $100 O $300 $200 $400 O C DOLL
Real GDP C G NX 250 177 54 44 -25 240 170 54 44 -24 -23 230 163 54 44 200 142 54 44 72 -20 100 54 44 -10 The above table shows the real aggregate expenditure schedule at a given price level (that is, in constant dollars). C is consumption expenditure, I is investment, G is government purchases, and NX is net exports. Consumption and import are linear functions of real GDP (that is, their slopes are constant)....
QUESTION 16 Government Purchases Real GDP Consumption (after taxes) Gross Investment Net Exports $0 10 40 70 100 130 160 $20 0 20 40 60 80 100 $10 10 10 10 10 10 10 $+5 +5 +5 +5 +5 +5 +5 $15 15 15 15 15 15 15 Refer to the table. Equilibrium GDP is O$130. $70 O $40 O $100.
Real GDP с G 250 177 44 54 54 240 170 44 NX -25 -24 -23 -20 230 163 54 14 200 142 54 44 100 72 54 44 - 10 The above table shows the real aggregate expenditure schedule at a given price level (that is, in constant dollars). C is consumption expenditure, I is investment, G is government purchases, and NX is net exports. Consumption and import are linear functions of real GDP (that is, their slopes are...
The table shows real? GDP,
Y?,
consumption? expenditure,
C?,
?investment,
I?,
government expenditure on goods and? services,
G?,
?exports,
X?,
?imports,
M?,
and aggregate planned? expenditure, and
AE?,
in millions of dollars. Taxes are constant.
If investment crashes to? $0.55 trillion but nothing else?
changes, what is equilibrium expenditure and
what is the? multiplier?
Homework: Chapter 14 Save Score: 0 of 1 pt 17 of 25 (19 complete) HW Score: 76%, 19 of 25 pts Chapter Problem5 Question Help *...
4. Computing GDP using the expenditure approach The following table shows data on consumption, investment, exports, imports, and government purchases for the United States in 2007, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the following table to calculate GDP Components Consumption (C) Investment (I) Exports (EX) Imports (IM) Net exports of goods and services (NX) Government purchases (G) Gross domestic product (GDP) $9,734.20 $2,125.40 $1,643.00 $2,351.00...
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2018, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Data (Billions of dollars) Consumption (C) Investment (I) Exports (X) Imports (M) Net Exports of Goods and Services Government Purchases (G) Gross Domestic Product (GDP) 13,948.5 3,650.1 2,531.3...
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2017, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Consumption (C) Investment (I) Exports (X) Imports (M) Net Exports of Goods and Services Government Purchases (G) Gross Domestic Product (GDP) Data (Billions of dollars) 13,321.4 3,368.0 2,350.2...
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