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 48 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
Great answer, keep it coming :)

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

« previous next »
 

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?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Race-Ethnicity and Income Extremes Race-Ethnicity and Income Extremes
How to solve equations that contain radicals How to solve equations that contain radicals
How to solve rate problems leading to fractional equations (Question 3) How to solve rate problems leading to fractional equations (Question 3)
Income per Capita versus Inequality Income per Capita versus Inequality
Saving Rates by Income Quintile, 2003 Saving Rates by Income Quintile, 2003
How to find the possible equations of a graph? How to find the possible equations of a graph?
Video: Mycobacterium tuberculosis: Drug Resistance and Natural Selection

For a complete list of videos, visit our video library