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help please Short Answer 1. Complete the table below where the cells are blank (10 pes) Output Conmp Saving Instmint...
Short Answer 1. Complete the table below where the cells are blank. (10 pts) Output |...
Short Answer 1. Complete the table below where the cells are blank. (10 pts) Output | Copsmp Saving Inystmpt | Export Import Net Agg Unplod Output GDP=DI Exports Exp Invent & Emploxmnt 250 260 270 295 15 10 | 10 310 330 310 15 17 5 T 2. What number is unplanned inventories at output of $270 million? Explain what the unplanned inventories number means at that output level? (2 pts) 3. At $330 million of output what must happen...
help please Short Answer 1. Complete the table below where the cells are bank. (10 pts)...
help please
Short Answer 1. Complete the table below where the cells are bank. (10 pts) Output Consmp Saving Instmnt Export Import GDP-DI Net 250 Out 260 270 Employm 270 310 290 330 20 2. What number is unplanned inventories at output of 5270 million Explain what the planned inventories number means at that output level (2 pts) 3. At $330 million of output what must happen in this open economy to reach equilibrium? (2 pts) 4. Equilibrium is achieved...
1. Complete the table below where the cells are blank. (10 pts) Output Sensor Saving Inxstant...
1. Complete the table below where the cells are blank. (10 pts) Output Sensor Saving Inxstant Export Import ort GDP=DI Net Agg Age Unnind Output Invent Emploxmnt 250 260 310 15 330310 2. What number is unplanned inventories at output of $270 million? Explain what the unplanned inventories number means at that output level? (2 pts) 3. At $330 million of output what must happen in this open economy to reach equilibrium? (2 pts) 4. Equilibrium is achieved at what...
Possible Levels of Employment, In Millions Real Domestic Output, Billions Consumption, Billions Savings, Billion 35 230...
Possible Levels of Employment, In Millions Real Domestic Output, Billions Consumption, Billions Savings, Billion 35 230 239 -9 40 250 255 -5 45 270 271 -1 50 290 287 3 55 310 303 7 60 330 319 11 65 350 335 15 70 370 351 19 75 390 367 23 Saving, Billions a. Using the above consumption and saving data and assuming investment is $15 billion, what are saving and planned investment at the $370 billion level of domestic output?...
Application: (20 points) The Expenditure-Output Model below shows a hypothetical economy in the short run. Use...
Application: (20 points) The Expenditure-Output Model below shows a hypothetical economy in the short run. Use the information in the diagram to answer the questions that follow Aggregate Expenditures (5 billions) 210 45°-line AE =C+I+G+ NX Consumption Function 30 0 30 60 90 120 150 180 210 Real GDP ($ billions) (A) (2 points) What is the equilibrium level of Real GDP in this economy? (B) Suppose this economy initially had produced a Real GDP level of $30 billion. (a)...
1. In a closed economy to have sustainable output, Aggregate Expenditures are equal to
1. In a closed economy to have sustainable output, Aggregate Expenditures are equal toa. Consumptionb. Consumption + Investmentc. Consumption + Investment + Govemmentd. Consumption + Investment + Net Exports2. The calculation 1 /(1-MPC) equalsa. Marginal Propensity to Saveb. Multiplierc. Aggregate Expenditured. Average Consumption3. In a closed economy, when Aggregate Expenditures equal GDP.a. Consumption equals investmentb. Consumption equals aggregate expenditurec. Saving = Planned Investmentd. Disposable income equals consumption minus saving4. Net exports are calculated asa. Importsb. Imports - Exportsc. Exports -...
9. Refer to the below table. For the open economy, the equilibrium GDP is domestic output...
9. Refer to the below table. For the open economy, the equilibrium GDP is domestic output AE, closed economy exports imports 200 230 30 20 250 270 30 20 300 310 30 20 350 350 30 20 400 390 30 20 450 430 30 20 500 470 30 20 A) $300 B) $350 C) $400 D) $450 10. If net exports decline from zero to some negative amount, the aggregate expenditures schedule would A) shift upward B) shift downward C)...
The data in columns 1 and 2 in the table below are for a private closed economy Instructions: For all parts, enter...
The data in columns 1 and 2 in the table below are for a private closed economy Instructions: For all parts, enter your answers as whole numbers it you are entering any negative numbers be sure to include a negative sign H in front of those numbers a Use columns 1 and 2 to determine the equilibrium GDP for this hypothetical economy b. Now open up this economy to international trade by including the export and import figures of columns...
newconnectmeducation.com Tow connect Homework #3 chapters 10 & 110 Help Save & Exit Submit 34 Assuming...
newconnectmeducation.com Tow connect Homework #3 chapters 10 & 110 Help Save & Exit Submit 34 Assuming the level of investment is $7 billion and independent of the level of total output complete the following table and determine the equilibrium levels of output and employment in this private closed economy Instructions: In the table below. enter your answers in the gray shaded cells as whole numbers. If you are entering any negative numbers be sure to include a negative sign in...
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...
Short Answer 1. Complete the table below where the cells are blank. (10 pts) Output | Copsmp Saving Inystmpt | Export Import Net Agg Unplod Output GDP=DI Exports Exp Invent & Emploxmnt 250 260 270 295 15 10 | 10 310 330 310 15 17 5 T 2. What number is unplanned inventories at output of $270 million? Explain what the unplanned inventories number means at that output level? (2 pts) 3. At $330 million of output what must happen...
help please
Short Answer 1. Complete the table below where the cells are bank. (10 pts) Output Consmp Saving Instmnt Export Import GDP-DI Net 250 Out 260 270 Employm 270 310 290 330 20 2. What number is unplanned inventories at output of 5270 million Explain what the planned inventories number means at that output level (2 pts) 3. At $330 million of output what must happen in this open economy to reach equilibrium? (2 pts) 4. Equilibrium is achieved...
1. Complete the table below where the cells are blank. (10 pts) Output Sensor Saving Inxstant Export Import ort GDP=DI Net Agg Age Unnind Output Invent Emploxmnt 250 260 310 15 330310 2. What number is unplanned inventories at output of $270 million? Explain what the unplanned inventories number means at that output level? (2 pts) 3. At $330 million of output what must happen in this open economy to reach equilibrium? (2 pts) 4. Equilibrium is achieved at what...
Application: (20 points) The Expenditure-Output Model below shows a hypothetical economy in the short run. Use the information in the diagram to answer the questions that follow Aggregate Expenditures (5 billions) 210 45°-line AE =C+I+G+ NX Consumption Function 30 0 30 60 90 120 150 180 210 Real GDP ($ billions) (A) (2 points) What is the equilibrium level of Real GDP in this economy? (B) Suppose this economy initially had produced a Real GDP level of $30 billion. (a)...
1. In a closed economy to have sustainable output, Aggregate Expenditures are equal toa. Consumptionb. Consumption + Investmentc. Consumption + Investment + Govemmentd. Consumption + Investment + Net Exports2. The calculation 1 /(1-MPC) equalsa. Marginal Propensity to Saveb. Multiplierc. Aggregate Expenditured. Average Consumption3. In a closed economy, when Aggregate Expenditures equal GDP.a. Consumption equals investmentb. Consumption equals aggregate expenditurec. Saving = Planned Investmentd. Disposable income equals consumption minus saving4. Net exports are calculated asa. Importsb. Imports - Exportsc. Exports -...
The data in columns 1 and 2 in the table below are for a private closed economy Instructions: For all parts, enter your answers as whole numbers it you are entering any negative numbers be sure to include a negative sign H in front of those numbers a Use columns 1 and 2 to determine the equilibrium GDP for this hypothetical economy b. Now open up this economy to international trade by including the export and import figures of columns...
newconnectmeducation.com Tow connect Homework #3 chapters 10 & 110 Help Save & Exit Submit 34 Assuming the level of investment is $7 billion and independent of the level of total output complete the following table and determine the equilibrium levels of output and employment in this private closed economy Instructions: In the table below. enter your answers in the gray shaded cells as whole numbers. If you are entering any negative numbers be sure to include a negative sign in...
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...
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