This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Income -Expenditure EquilibriumBased on the equations for C, I, G, and NX below, what is the ... (Read 40 times)

moore.cailinf

  • Full Member
  • ***
  • Posts: 126
on: Nov 23, 2022

Question 1

The Marginal Propensity to Consume and the Marginal Propensity to Save

If the consumption function is defined as C = 3500 + 0.81Y, what is the value of the marginal propensity to save (MPS)? (Round to the nearest hundredth.)
◦ -0.81
◦ -0.19
◦ 0.19
◦ 0.81

Question 2

Income -Expenditure Equilibrium

Based on the equations for C, I, G, and NX below, what is the equilibrium level of aggregate expenditure? (Round to the nearest whole dollar.)

C = 3500 + 0.85Y
I = 2800
G = 1800
NX = 300

◦ $9882
◦ $56,000
◦ $4541
◦ $8400
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by moore.cailinf on Nov 23, 2022

khudija

  • Full Member
  • ***
  • Posts: 171
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


moore.cailinf

  • Member
  • Posts: 126
Reply 2 on: Nov 23, 2022
Thanks for the timely response, appreciate it

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

How to Graph Parametric Equations Manually How to Graph Parametric Equations Manually
Income Distribution in the United States, 2009 Income Distribution in the United States, 2009
Solow Model with Saving Dependent on Income Level Solow Model with Saving Dependent on Income Level
Elimination, System of Linear Equations Elimination, System of Linear Equations
How to find the possible equations of a graph? How to find the possible equations of a graph?
Variable and absorption costing, explaining operating-income differences. Variable and absorption costing, explaining operating-income differences.
Video: Embryonic development - Week 3

For a complete list of videos, visit our video library