economics
The partial data in the table below are for the economy of Arinaka. Planned investment, government spending, and all taxes are autonomous. You may assume that the MPC, MPS, and MPM are constant.
a. Fill in the blanks in table below.
| Y | T | YD | C | S | I | G | XN | AE | Unplanned Investment |
| $650 | $90 | $520 | $40 | $85 | $75 | $10 | |||
| 700 | 45 | −5 | |||||||
| 750 | |||||||||
| 800 |
b. The value of equilibrium income is $ .
c. If planned investment decreases by $20, the new value of equilibrium income is $ .
Homework Answers
Request Answer!
We need at least 9 more requests to produce the answer.
1 / 10 have requested this problem solution
The more requests, the faster the answer.
2. Let capital investment=10, planned inventory investment=10, consumption=120 when income=100, consumption=200 when income=200. planned and unplanned...
2. Let capital investment=10, planned inventory investment=10, consumption=120 when income=100, consumption=200 when income=200. planned and unplanned inventory chang (a) Complete the table below. must be equal to savi: Unplanned Actual/ Actual inventory inventory investment change 100 200 300 400 (b) What are the MPC, MPS, and multiplier? ..................... (c) What are the consumption function and saving function? 1001 100 SAL (d) Draw the AE curve and indicate the equilibrium in the AE diagram. +40+ +407 (e) Draw the investment curve...
Please properly answer the questions listed below. Also, please (TYPE) everything out. 3- Suppose that the...
Please properly answer the questions listed below. Also, please (TYPE) everything out. 3- Suppose that the government is running a balanced budget and the value of purchases made by the government is 200. The consumption function is C = 200 + 0.6 Yd and planned investment is 100. b) If the level of aggregate output is 1250, calculate: - Disposal income - Aggregate consumption - Aggregate Saving - Planned aggregate expenditure - Unplanned inventory change Y = C + S...
1. Refer the table below and answer the questions that follow. (4 Points) Aggregate Aggregate Aggregate...
1. Refer the table below and answer the questions that follow. (4 Points) Aggregate Aggregate Aggregate Planned Output Consumption Saving Investment ($ million) Y ($ million) ($ million) ($ million) Aggregate Expenditure AE=C+ 1,500 700 2,000 2,400 2,800 1,800 700 2,100 700 3,200 2,400 700 3,600 2,700 700 a. Fill in the table and find the equilibrium income. b. Find the MPC, MPS and the multiplier. c. If the planned investment increases by $100 million find the new equilibrium level...
help TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false....
help
TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 11) As long as income is above planned aggregate expenditure, unplanned inventory reductions have occurred. 12) Actual investment equals planned investment plus unplanned changes in inventories. 13) Firms react to an unplanned inventory investment by increasing output 14) If the MPC is 0.8, then the multiplier is 0.2 15) If the MPS is 0.25, then the multiplier is 4. 16) When the economy is...
c. For each level of actual aggregate expenditure, calculate unplanned inventory investment. Instructions: Enter numerical values...
c. For each level of actual aggregate expenditure, calculate unplanned inventory investment. Instructions: Enter numerical values into the table. Enter whole numbers only. If the value is negative, you must enter a minus sign. d. What is the equilibrium level of aggregate expenditure in this economy? Instructions: Enter a numerical value rounded to two decimal places as necessary. e. For each level of actual aggregate expenditure, label the future output tendency as "increase," "decrease," or "same" based on what you...
help a. Complete the table below. All figures are dollar amounts. Assume planned investment -$25 and...
help
a. Complete the table below. All figures are dollar amounts. Assume planned investment -$25 and note that once planned investment is determined, it stays constant in our model) regardless of the level of GDP. Remember that U.L.I. = unplanned inventory investment which is Y - pl AE). Y-GDP pl AE U.L.L. 1326 1301 1307 1310 1320 1330 1340 1350 1360 1370 1380 1319 1325 1331 Using the information from your completed table: b. Calculate the MPC and the MPS....
The table below shows the after-tax income and consumption spending for a nation. a. Calculate the...
The table below shows the after-tax income and consumption spending for a nation. a. Calculate the dollar amount of savings, the marginal propensity to consurfe (MPC), and the marginal propensity to save (MPS) for each level of income. Instructions: Enter your answers for savings as a whole number. Round your answers for MPC and MPS to two decimal places. After-Tax Income and Consumption Spending Consumption Spending (dollars) $9,540 After-Tax Income (dollars) $18,700 Savings (dollars) MPC MPS $ 23,640 13,860 19,180...
hestion Completion Status: QUESTION Consider a private, closed economy where aggregate consumption C depends on aggregate...
hestion Completion Status: QUESTION Consider a private, closed economy where aggregate consumption C depends on aggregate income Y according to the equation C. 15 0.5 Y. where planned investment is IP - 15. Using the above information, complete the following table: Y c R AER_ where AEP stands for aggregate expenditure planned. 1) Suppose that the GDP initially is Y 50. Obtain the corresponding levels of savings S and unplanned investment Is Y = 40 an income. expenditure equilibrium? If...
10.) An economy has a marginal propensity to consume and Y* , income-expenditure equilibrium GDP,...
10.) An economy has a marginal propensity to consume and Y* , income-expenditure equilibrium GDP, equals $500 billion. Given an autonomous increase in plannėd investment of $10 billion, show the rounds of increased spending that take place by completing the accompanying table. The first and second rows are filled in for you. In the first row the increase of planned investment spending of $10 billion raises real GDP and YD by $10 billion, leading to an increase in consumer spending...
help with those problema please 19 trhough 23 please 19. a. Complete the table below. All...
help with those problema please 19 trhough 23
please
19. a. Complete the table below. All figures are dollar amounts. Assume planned investment - $25 and note that once planned investment is determined, it stays constant (in our model) regardless of the level of GDP. Remember that U.LI. unplanned inventory investment (which is Y - pl AE). Y=GDP pl AE U.I.I pl I 1310 1301 -16 25 1326 1320 1307 25 1330 17 25 1340 1319 21 25 1350 1325...
2. Let capital investment=10, planned inventory investment=10, consumption=120 when income=100, consumption=200 when income=200. planned and unplanned inventory chang (a) Complete the table below. must be equal to savi: Unplanned Actual/ Actual inventory inventory investment change 100 200 300 400 (b) What are the MPC, MPS, and multiplier? ..................... (c) What are the consumption function and saving function? 1001 100 SAL (d) Draw the AE curve and indicate the equilibrium in the AE diagram. +40+ +407 (e) Draw the investment curve...
1. Refer the table below and answer the questions that follow. (4 Points) Aggregate Aggregate Aggregate Planned Output Consumption Saving Investment ($ million) Y ($ million) ($ million) ($ million) Aggregate Expenditure AE=C+ 1,500 700 2,000 2,400 2,800 1,800 700 2,100 700 3,200 2,400 700 3,600 2,700 700 a. Fill in the table and find the equilibrium income. b. Find the MPC, MPS and the multiplier. c. If the planned investment increases by $100 million find the new equilibrium level...
help
TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false. 11) As long as income is above planned aggregate expenditure, unplanned inventory reductions have occurred. 12) Actual investment equals planned investment plus unplanned changes in inventories. 13) Firms react to an unplanned inventory investment by increasing output 14) If the MPC is 0.8, then the multiplier is 0.2 15) If the MPS is 0.25, then the multiplier is 4. 16) When the economy is...
c. For each level of actual aggregate expenditure, calculate unplanned inventory investment. Instructions: Enter numerical values into the table. Enter whole numbers only. If the value is negative, you must enter a minus sign. d. What is the equilibrium level of aggregate expenditure in this economy? Instructions: Enter a numerical value rounded to two decimal places as necessary. e. For each level of actual aggregate expenditure, label the future output tendency as "increase," "decrease," or "same" based on what you...
help
a. Complete the table below. All figures are dollar amounts. Assume planned investment -$25 and note that once planned investment is determined, it stays constant in our model) regardless of the level of GDP. Remember that U.L.I. = unplanned inventory investment which is Y - pl AE). Y-GDP pl AE U.L.L. 1326 1301 1307 1310 1320 1330 1340 1350 1360 1370 1380 1319 1325 1331 Using the information from your completed table: b. Calculate the MPC and the MPS....
The table below shows the after-tax income and consumption spending for a nation. a. Calculate the dollar amount of savings, the marginal propensity to consurfe (MPC), and the marginal propensity to save (MPS) for each level of income. Instructions: Enter your answers for savings as a whole number. Round your answers for MPC and MPS to two decimal places. After-Tax Income and Consumption Spending Consumption Spending (dollars) $9,540 After-Tax Income (dollars) $18,700 Savings (dollars) MPC MPS $ 23,640 13,860 19,180...
hestion Completion Status: QUESTION Consider a private, closed economy where aggregate consumption C depends on aggregate income Y according to the equation C. 15 0.5 Y. where planned investment is IP - 15. Using the above information, complete the following table: Y c R AER_ where AEP stands for aggregate expenditure planned. 1) Suppose that the GDP initially is Y 50. Obtain the corresponding levels of savings S and unplanned investment Is Y = 40 an income. expenditure equilibrium? If...
10.) An economy has a marginal propensity to consume and Y* , income-expenditure equilibrium GDP, equals $500 billion. Given an autonomous increase in plannėd investment of $10 billion, show the rounds of increased spending that take place by completing the accompanying table. The first and second rows are filled in for you. In the first row the increase of planned investment spending of $10 billion raises real GDP and YD by $10 billion, leading to an increase in consumer spending...
help with those problema please 19 trhough 23
please
19. a. Complete the table below. All figures are dollar amounts. Assume planned investment - $25 and note that once planned investment is determined, it stays constant (in our model) regardless of the level of GDP. Remember that U.LI. unplanned inventory investment (which is Y - pl AE). Y=GDP pl AE U.I.I pl I 1310 1301 -16 25 1326 1320 1307 25 1330 17 25 1340 1319 21 25 1350 1325...
Most questions answered within 3 hours.
-
A college student is employed as a door-to-door newspaper
salesman. Historical data suggests that the student...
asked 57 minutes ago -
MATLAB HW 11 problem using Switch Case and Input commands
Write a script file that calculates...
asked 43 minutes ago -
Considering gravitational time dilation, calculate the time that
passes in Earth’s surface while 1 hour passes...
asked 1 hour ago -
Minitab Problem: Take the Lake Hume June rainfall data and find
use the processes outlined in...
asked 2 hours ago -
X Company is trying to decide whether to continue using old
equipment to make Product A...
asked 2 hours ago -
IN PYTHON ONLY !! Program 2: Re-work
program #5 (WeeklyHours) from the previous assignment such that...
asked 2 hours ago -
The average length of time between arrivals at a turnpike
toll-booth is 26 seconds. What is...
asked 4 hours ago -
(a) A piston at 6.1 atm contains a gas that occupies a volume of
3.5 L....
asked 5 hours ago -
Please answer true or false. Words
cannot be changed or added in to make it true...
asked 5 hours ago -
An empty test tube weighs 15.923 grams. Then,
MgCl2•6H2O is added into the test tube. After...
asked 5 hours ago -
Assume memory access is 10 units of time and disk access is
10000 units of time....
asked 6 hours ago -
1. Are all good samples random?
2. Magazines often report surveys giving statistics such as “63%...
asked 6 hours ago