Question

Fill in the missing values in the following table. Assume that the value of the  MPC

LOADING...

does not change as real GDP changes and that there are zero taxes.   

​(Enter

all values as

integers.​)

Real GDP ​(Y)	Consumption ​(C)	Planned Investment​ (I)	Government Purchases​ (G)	Net Exports​ (NX)
​$8 comma 0008,000	​$4 comma 0004,000	​$800	​$1 comma 2001,200	minus−​$200200
​$9 comma 0009,000	​$4 comma 5004,500	​$800	1 comma 2001,200	minus−​$200200
​$10 comma 00010,000	​$nothing	​$800	1 comma 2001,200	minus−​$200200
​$11 comma 00011,000	​$nothing	​$800	1 comma 2001,200	minus−​$200200
​$12 comma 00012,000	​$nothing	​$800	1 comma 2001,200	minus−​$200200

Answer 1

Y=C+I+G+NX

C=Y-(I+G+NX)

For third row

C=10,00010,000-(800+1,2001,200-200200)

C=988208200

For fourth row

C=11,00011,000-(800+1,2001,200-200200)

C=1088209200

For fifth row

C=12,00012,000-11,801,800

C=1188210200