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52 If the federal government taxes all income at a flat rate of 20% and the...
1.) If the marginal propensity to consume is 0.75 and investment spending increases by $200 billion, equilibrium GDP will increase by____. $350 billion $150 billion $200 billion $266.7 billion $800 billion 2.) AE = 3000 + 0.75*RGDP. Given this equation for AE, find equilibrium GDP $1,000 $750 $12,000 $2,250 3.) The four components of aggregate planned expenditure are the real interest rate, disposable income, wealth, and expected future income the real interest rate, consumption expenditure, investment, and government expenditures consumption...
bc.instructure.co Women's Loungewear & Lounge Pants Missg... ay with me! SI Taxes equal transfer payments Wave Wand - Big bouncy waves - Real GDP equals planned aggregate expenditures Question 14 1 pts You have developed a linear equation that describes the consumption function: C - 100 + 75 Yd. You are trying to explain to your supervisor who does not know economics that if a household has disposable income of $1,000, the household would spend: $750 $4,000 $850 $350 Question...