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 18 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
YES! Correct, THANKS for helping me on my review

jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Sociologists use income, education, and occupational prestige to measure social class. For most ... Sociologists use income, education, and occupational prestige to measure social class. For most ...
The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population The Inverted Income Pyramid: The Proportion of Income Received by Each Fifth of the U.S. Population
How to convert / transform polar coordinate equations into rectangular coordinate equations How to convert / transform polar coordinate equations into rectangular coordinate equations
How to solve rate problems leading to fractional equations (Question 3) How to solve rate problems leading to fractional equations (Question 3)
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Household Income in the United States by Quintiles, 2009 Household Income in the United States by Quintiles, 2009
Video: Junction Types - Tight and Adherens Junctions

For a complete list of videos, visit our video library