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

Author Question: Assuming there is no foreign trade in the economy, the economy is in equilibrium when (Read 46 times)

karen

  • Hero Member
  • *****
  • Posts: 537
on: Apr 19, 2019

Question 1

The Canadian economy can be characterized by Equation 24.2.



EQUATION 24.2:




C = 500 + 0.5
Yd

Taxes = 600

Equilibrium Output = $4,000





Refer to Equation 24.2. At equilibrium leakages in Canada equal


◦ $1,700.
◦ $1,750.
◦ $1,800.
◦ $2,100.

Question 2

Assuming there is no foreign trade in the economy, the economy is in equilibrium when


◦ S + 
T = 
C + 
I.
◦ I + 
G = 
S + 
T.
◦ IT = 
S + 
G.
◦ G + 
T = 
S + 
I.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by karen on Apr 19, 2019

Heffejeff

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Apr 19, 2019
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 25% of students answer this correctly


karen

  • Member
  • Posts: 537
Reply 2 on: Apr 19, 2019
Excellent

cici

  • Member
  • Posts: 325
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f New Yorkers flee from the dust caused by the collapse of the twin towers of the World Trade Center f
The answer to “What is the proper role of children in an economy?” varies by social class, ... The answer to “What is the proper role of children in an economy?” varies by social class, ...
Migration and Global Economy Migration and Global Economy
Japan’s Economy and Society Japan’s Economy and Society
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?
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: Exercise and cardiac output & Definition of stroke volume

For a complete list of videos, visit our video library