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Author Question: Planned and Unplanned Investment SpendingConsumption spending$40Planned investment ... (Read 123 times)

allihubbard

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Question 1

Disposable Income, Consumer Spending and the Aggregate Consumption Function

If the consumption function, represented in dollars, is defined as C = 6000 + 0.85Y, what is the autonomous level of consumption expenditure? (Round to the nearest whole dollar.)
◦ $11,100
◦ $5100
◦ $6000
◦ $900

Question 2

Planned and Unplanned Investment Spending


Consumption spending$40
Planned investment spending9
Unplanned investment spending-1
Government purchases11
Net export spending-2

Refer to the table. Based on the data in the table, what is aggregate expenditure?
◦ $61
◦ $57
◦ $62
◦ $58


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Marked as best answer by allihubbard on Nov 23, 2022

psuniv

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allihubbard

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Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review


kusterl

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Reply 3 on: Yesterday
Wow, this really help

 

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