« previous next »

Author Question: Equations for C, I, G, and NX are given below. If the equilibrium level of GDP is 21,500, what is ... (Read 58 times)

mspears3

  • Hero Member
  • *****
  • Posts: 586
on: Jun 29, 2018
Equations for C, I, G, and NX are given below. If the equilibrium level of GDP is 21,500, what is the marginal propensity to consume?
 
  C = 1,500 + (MPC)Y
  I = 1,000
  G = 2,000
  NX = -200
  A) 0.67 B) 0.75 C) 0.8 D) 0.9

Question 2

Refer to Figure 29-3. Consider the market for U.S. dollars against the Japanese yen shown above. An event which could have caused the changes shown in the graph would be
 
  A) an economic expansion in the United States.
  B) an increase in U.S. real income.
  C) a decrease in Japanese interest rates.
  D) speculators expect the dollar to depreciate in value in the near future.


nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

mspears3

  • Hero Member
  • *****
  • Posts: 586
Reply #2 on: Jun 29, 2018
Thank you :)


nathang24

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Jun 29, 2018
Happy to help you


« previous next »
 

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

Testing Visual Fields by Confrontation: The nurse and patient should be approximately at an eye to e Testing Visual Fields by Confrontation: The nurse and patient should be approximately at an eye to e
Upper-Level Maps Upper-Level Maps
How to convert verbal statements into algebraic equations (Part 2) How to convert verbal statements into algebraic equations (Part 2)
What is the value of the equilibrium constant, K, at 25°C for the reaction? What is the value of the equilibrium constant, K, at 25°C for the reaction?
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ... The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Video: Four Giant Convection Cells oF Earth

For a complete list of videos, visit our video library